Discussion Question 1: International Agreements
Based on your reading, answer the following questions:
- What is the difference between a treaty, an executive agreement, and a trade agreement?
- How do nations express their consent to be bound by a treaty?
- What is the effect if a nation does not consent?
- If a nation agrees, but then, does not comply with the treaty or agreement, what remedies are available for enforcement?
Provide reasons in support of your answers.
Discussion Question 2: GATT
Examine the changes from the original 1947 GATT version to the 1994 version. Have these changes helped or hindered international business?
Support your answer with appropriate reasons.