Rule / Regulation of International Trade

Diregulasikan trade generally through bilatera agreement between the two countries. For centuries under the belief in Mercantilism most nations had high tariffs and many restrictions on international trade. in the 19 th century, especially in Britain, there is a belief in free trade being the most important and this view dominated thinking diantaranegara west for quite some time since that which it brings them into the British major setback. In the years since World War II, controversial multilateral treaties like the GATT WTO Effort to attempt to regulate international trade lobal. Trade agreements are sometimes led to protests and discontent with claims of unfair trade is not mutually beneficial.

Free trade is usually strongly supported by most countries berekonomi strong, although they sometimes perform selective protection to industries that are strategically important as tariff protection for agriculture by the United States and Europe. Netherlands and the United Kingdom fully supports both free trade where they were economically dominant, today the United States, United Kingdom, Australia and Japan are its biggest supporters. However, many other countries (like India, Russia, and China) to support free trade because it has become economically strong. Since the tariff rate falls there is also a desire to negotiate non-tariff business, including direct foreign investment, purchasing, and trade facilitation. Another form of transaction costs associated with its meetings and trade customs procedures.

Generally, agricultural interests are usually in the corridor of free trade and manufacturing sectors often support protectionism. This has changed in recent years, however. In fact, agricultural lobbies, particularly in the United States, Europe and Japan, is the primary responsibility for specific regulations on major international treaty that allows more protection in agriculture than most other goods and services.

During the recess there is often domestic pressure to increase in order to protect sensible domestic industry. This happens throughout the world during the Great Depression to the collapse of world trade is believed to deepen the depression.

Regulation of international trade is done through the World Trade Organization at the global level, and through several regional agreements such as Mercosur in South America, NAFTA between the United States, Canada and Mexico, and the EU 27 countries anatara independent. The meeting in Buenos Aires in 2005 talking about making the Free Trade Area of America (FTAA) failed miserably because of the refusal of the population of the countries of Latin America. Similar agreements such as the MAI (Multilateral Agreement on Investment) also failed in recent years.