by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Nordic Council?Nordic Council is an organization, formed in 1952 for promoting inter-parliamentary cooperation among the Nordic countries. It has 87 representatives from Denmark, Norway, Iceland, Finland, Sweden, the Faroe Islands, and Greenland. The...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is a NAICS code?The North American Industry Classification System (NAICS) was developed jointly by the U.S. Economic Classification Policy Committee (ECPC), Statistics Canada, and Mexico’s Instituto Nacional de Estadistica y Geografia to classify the...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Report on the Observance of Standards and Codes?The Report on the Observance of Standards and Codes is a report compiled by the World Bank and International Monetary Fund summarizing countries adherence to the internationally recognized standards and codes...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Harmonized Tariff Schedule?HTS Codes, also known as the Harmonized Commodity Description and Coding System, or HS Codes, or simply the Harmonized System, is a system for classifying products that are shipped or traded internationally. The system is largely...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What are the York Antwerp Rules?The York Antwerp Rules are a set of model internal maritime rules concerning the rights and obligations of vessel and cargo owners when cargo aboard a vessel must be jettisoned (thrown overboard). The rules were created by an...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the European Court of Justice?European court of justice (ECJ), a body of the European Union (EU), is tasked to interpret EU law uniformly across all member countries and settle legal disputes between its member governments and other EU bodies. Moreover, in...