Lgs W3 Dq1 2

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.

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.

 

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