by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Calvo Doctrine?In international law, the Calvo Doctrine is a policy that guides or regulates the jurisdiction of governments in international disputes and treaties. Notably, the Calvo Doctrine or Calvo Clause prohibits the use of force in collection of...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Spillover Effect?The spillover effect refers to the effect of a purportedly unrelated event in one context on another event in the other context. Also, a spillover effect can be described as the impact of a primary action on a secondary action even though...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Central American Common Market (CACM)?The Central American Common Market (CACM), or the Spanish Mercado Comun Centroamericano (MCCA), is an association of five Central American countries which was initially formed to aid regional economic growth via free...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Currency Adjustment Factor (CAF)?The currency adjustment factor (CAF) refers to a surcharge that is placed on freight charges and transactions between the United States and the Pacific Rim. The surcharge is an additional fee placed on freight costs was...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the C-TPAT?The Customs-Trade Partnership Against Terrorism (C-TPAT) is a security program that was launched to protect the supply-chain of private companies from the impacts of terrorism. C-TPAT is overseen by Customs and Border Protection (CBP), a U.S based...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Central European Free Trade Agreement (CEFTA)?The Central European Free Trade Agreement (CEFTA) is a trade agreement among non-EU nations that mostly belong to Southeastern Europe. It was established by members representing Hungary, Poland, and...
