International Trade Law Commons^™

Jurisdiction And Control Over The Multinational Enterprise: De Maximis Non Curat Lex, J. Shand Watson

Mercer Law Review

The current flurry in the legal literature caused by multinational enterprises is yet another indication that the existing systems of control in the domestic and international spheres are either stretched to their limits or else completely inadequate to their assigned tasks. Most writers indicate that the multinational enterprise (MNE),' however defined, is a strong force for good or evil and, consequently, must be subject to some degree of control; yet when that conclusion is discussed, the schools of thought that emerge are as numerous as the commentators.2 This article does not endeavor to provide answers to the current fetish, but …

The Burgeoning Development Of The Common Market Competition Rules And Its Impact On International Licensing, Marcus B. Finnegan

Mercer Law Review

Since formation of the European Economic Community (EEC), or the Common Market, by the Treaty of Rome of March 25, 1957, both licensors licensing into, and licensees licensing from, the EEC have had to concern themselves more and more with the effect of the Treaty articles on licensing into and out of the Common Market. The law of competition in the Community has been undergoing increasingly rapid development and refinement.

Not surprisingly, the emerging Community law governing competition has tended increasingly to model itself on the large and intricately developed body of antitrust law existing in the United States. Perhaps …

The Foreign Trade Aspects Of The Trade Act Of 1974, Part I, Robert M. Campbell

Washington and Lee Law Review

No abstract provided.

The Antitrust Implications Of The Arab Boycott, Michigan Law Review

Michigan Law Review

This Note focuses on the legal means that can and should be used to challenge both the economic pressures exerted upon American companies and the subsequent participation by such companies in the boycott of Israel and blacklisted firms. The Note contends that, while "quiet diplomacy and persuasion" are perhaps the only means short of full-scale economic warfare available to the United States to eliminate completely Arab economic pressures and their coercive effects, the United States antitrust laws are sufficient to counteract many of the boycott's actual or potential manifestations. Specifically, the Note demonstrates that the Arab boycott and the discriminatory …

The Oil Producing Nations' Emerging Right To Determine Oil Prices, Sayed M. Hosni

Maryland Journal of International Law

No abstract provided.

Joint Ventures Between United States Firms And Soviet Economic Organizations, Harold J. Berman

Maryland Journal of International Law

No abstract provided.

The Export Trade: The Law And Practice Of International Trade By Clive M. Schmitthoff, Peter J. Marcuss

Maryland Journal of International Law

No abstract provided.

Trade Between The United States And The People's Republic Of China: Practice, Policy And Law, Stanley B. Lubman

Hong Yen Chang Center for Chinese Legal Studies

The author examines trade with the People's Republic of China, stressing Chinese commercial practice. He analyzes in detail aspects of negotiations, contracts and dispute-settlement which may be important to potential U.S. purchasers and sellers. The Article concludes with a survey of current problems of law and policy in Sino-U.S. trade.

Government And Private Enterprise In Latin American Petroleum Development, Frank M. Lacey

Vanderbilt Journal of Transnational Law

The nationalization of the Venezuelan oil industry on January 1, 1976, can be viewed in a sense as a culmination of more than half a century of striving on the part of Latin American republics to become the masters of their own most important resources, one that has seemed at times symbolic of their very destinies. It is a process that has involved nearly every major country in Latin America. It is one that has been resisted by the prevailing economic, political, and legal institutions, and in the course of which not only major business enterprises but nations as well …

The Steel Products Decision: An Inquiry Into The Treatment Of The Value-Added Tax Under The Countervailing Duty Law, Charles L. Chambers

Vanderbilt Journal of Transnational Law

It is not often that one small clause in a tariff act becomes a major issue between domestic producers and the firms which import competitive foreign goods, a major issue in trade talks between the United States and the European Community, and a bone of contention between the Congress and the Executive Branch. Yet, section 303 of the Tariff Act of 1930 has done just that and no solution to the issues it has raised is in sight...

Section 303 of the Tariff Act of 1930 is simple enough on its face. It imposes a countervailing duty on any goods …

Obtaining Personal Jurisdiction Over Alien Corporations--A Survey Of U.S. Practice, John D. Gleissner, David C. Veeneman, S. Rodgers Wheaton

Vanderbilt Journal of Transnational Law

With the increase in international trade, civil litigation between persons of different nationalities has become increasingly important. Today alien and foreign corporations are being brought before American courts to defend actions arising out of products liability, contract, and tort. There is considerable authority holding alien and foreign corporations amenable to jurisdiction on the basis of a single act or business transaction. The states themselves are affecting international trade since state law is chosen to determine the amenability of alien and foreign corporations to suit in diversity actions in federal court.

This survey presents a cross-section of recent cases and attempts …

Case Digest, Journal Staff

Vanderbilt Journal of Transnational Law

1. Admiralty

State Port Authority Acting Incident to Maritime Carriage Subject to Admiralty Jurisdiction in Damage Suit

MARINE INSURANCE PROVIDING COVERAGE OF LOSSES "ARISING FROM OR OCCURRING FROM" SPECIFIED CONDITIONS DOES NOT COVER LOSSES OCCURRING AFTER PERIOD OF COVERAGE DUE TO CONDITIONS WHICH INITIALLY AROSE DURING THE PERIOD OF COVERAGE

FEDERAL COURT LACKS POWER UNDER SUITS IN ADMIRALTY ACT TO IMPOSE GOVERNMENTAL LIABILITY FOR HARM CAUSED BY FAILURE TO EXERCISE DISCRETIONARY FUNCTION

2. Alien's Rights

FAMILY RELATIONSHIP CAN BE SHOWN AS A MATTER OF FACT FOR IMMIGRATION PURPOSES WHERE APPLICABLE FOREIGN DOMESTIC LAW HOLDS MEANINGLESS THE CONCEPT OF LEGITIMACY

3. …

Books Received, Journal Staff

Vanderbilt Journal of Transnational Law

A COMMENTARY ON THE FOREIGN INVESTMENT REVIEW ACT

By Graeme C. Hughes

Toronto: Carswell, Ltd., 1975. Pp. 214. $20.65.

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THE EXPORT TRADE: THE LAW AND PRACTICE OF INTERNATIONAL TRADE By Clive M. Schmitthoff

6th ed. London: Stevens & Sons,Ltd., 1975. Pp. 461. $28.75.

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FOREIGN DISINVESTMENT BY U.S. MULTINATIONAL CORPORATIONS: WITH EIGHT CASE STUDIES

By Roger L. Tourneden

New York: Praeger Publishers, 1975. Pp. 157. $15.00.

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THE GATT LEGAL SYSTEM AND WORLD TRADE DIPLOMACY

By Robert E. Hudec

New York: Praeger Publishers, 1975. Pp. 399, $25.00.

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INTERNATIONAL BUSINESS--GOVERNMENT COMMUNICATIONS

By Jack N. Behrman, J.J. Boddeayn, & Ashok …

Oil Operations In Latin America: The Future Of Private Enterprise, Ewell E. Murphy, Jr.

Vanderbilt Journal of Transnational Law

We live in tumultuous times. Whether measured on a scale of millennia, of centuries, or of generations, our lifetime's segment of the graph of world history is marking giddy ascents, harrowing declines, and abrupt, unbridgeable discontinuities.

On a millennial scale we are entering the twilight of those five astounding centuries of Western leadership that began with the Renaissance. The flags of empire, long banished from the Americas, have now been struck in Asia and Africa as well, and flutter quaintly over only a dwindling handful of enclaves and outposts. Islam has awakened from her sleep of seven hundred years and …

Case Digest, Journal Staff

Vanderbilt Journal of Transnational Law

1. ACT OF STATE DOCTRINE

Hickenlooper Amendment Inapplicable to Oil Drilling Concession Granted by Foreign Government

2. ADMIRALTY

Shipowner is Entitled to Indemnification from Tortfeasor when a Covenant of Workmanlike Performance by the Tortfeasor can Reasonably be Implied

Judicially-Created Maritime Wrongful Death Cause of Action Applies Retroactively as Exclusive Remedy Time-Charterer Not Entitled to Indemnification for Litigation Expenses when not Obligated to Provide Seaworthy Vessel

Claims within Scope of the Public Vessels Act Cannot be Brought under the Terms of the Suits in Admiralty Act

Lumber Employee Working on Saltwater Pond Held Not Engaged in Maritime Employment and Not Covered …

The International Centre For Settlement Of Investment Disputes And Development Through The Multinational Corporation, C. F. Amerasinghe

Vanderbilt Journal of Transnational Law

The multinational corporation (MNC) as a significant phenomenon in development economics has probably come to stay. The problem for developing countries is how to harness the MNC's power for their own development, and at the same time, limit its all-too-available capacity and potential for unlimited exploitation and influence. Clearly, as pointed out by the Report of the Group of Eminent Persons, there remains much to be done substantively through the medium of the international convention and international organization, both to promote the role of the MNC in development and to control its operations in such a way as to ensure …

Recent Decisions, John J. Curry, Jr., Dan T. Carter, Melissa Gallivan, James A. Delanis

Vanderbilt Journal of Transnational Law

ANTITRUST--Import Restrictions--Import Ban Ordered as Equitable Relief for Violation of Section 7 of the Clayton Act Must Not Discriminate Against Foreign Producers or Reduce Competition

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European Communities--Restrictive Trade Practices--Patent Licensing Agreements that Restrict Competition between Member States Without Improving Production or Distribution or Promoting Technical or Economic Progress Violate Article 85

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JURISDICTION--CONTINENTAL SHELF--ABANDONED VESSEL SALVAGED FROM THE SURFACE OF THE UNITED STATES CONTINENTAL SHELF BEYOND TERRITORIAL WATERS IS NOT UNDER JURISDICTION OF UNITED STATES GOVERNMENT

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IMMIGRATION--A STATE MAY PROHIBIT THE EMPLOYMENT OF ILLEGAL ALIENS

International Trade And Finance, Jagdish N. Bhagwati

Faculty Scholarship

Professor Tinbergen must hold a record in the number of Festschriften that have been written for him. His students and colleagues have reprinted his essays, as an interesting variation on the usual form of felicitation; and a volume of essays was presented by Bos in 1969. Now, Willy Sellekaerts has produced three volumes towards the same end! In a world of increasing output and diminishing time to read it, it is doubtful whether this Wicksellian phenomenon of exploding Festschriften for a single scientist should be applauded, regarded with amusement, or deplored! Does not the law of diminishing marginal utility apply …

Federal Energy Administration V. Algonquin Sng, Inc., Lewis F. Powell, Jr.

Supreme Court Case Files

No abstract provided.

International Trade Institutions And Techniques For Reform, Gabriel M. Wilner

Scholarly Works

The tensions which exist between the need of producers of primary products to obtain a reasonable price and the need of the industrial consumers to be assured of sufficient amounts of primary products must be brought under control through institutions and legal rules that will reshape confrontation into negotiation and then, perhaps, even into cooperation. Only international planning within the framework of generally acceptable rules and institutions will bring about the type of stability that will largely depoliticize international economic relations.

Yoshida International, Inc. V. United States: Was The 1971 Import Surcharge Legally Imposed?, Michigan Law Review

Michigan Law Review

On August 15, 1971, President Nixon announced the imposition of a ten per cent ad valorem surcharge on all dutiable imports. According to the President, the surcharge was necessary because an overvaluation of United States currency had created a situation in which United States imports were increasing faster than exports, contributing to a balance of payments deficit.

To correct the overvaluation, the President could have unilaterally devalued the dollar, thus effecting a realignment of exchange rates. However, there was some concern that such an action by the United States would lead to similar devaluations by other countries, thereby negating any …

The Andean Group's Program For Industrial Development Of The Metalworking Sector: Integration With Due And Deliberate Spid, D. B. Furnish, W. F. Atkin

University of Miami Inter-American Law Review

No abstract provided.

Foreign Corporations Lending Money In Illinois: Constitutional And Statutory Problems, 9 J. Marshall J. Prac. & Proc. 295 (1975), Robert Kratovil, Daniel A. Weiler

UIC Law Review

No abstract provided.

From The Energy Crisis To The Concept Of An Economic Heritage Of Mankind: Guidelines For Reorganizing The International Economic System, Francisco Orrego Vicuna

Maryland Journal of International Law

No abstract provided.

Most-Favored-Nation Treatment Of Imports To The U.S. From The U.S.S.R, Stanley D. Metzger

Maryland Journal of International Law

No abstract provided.

The Argentine Foreign Investment Law And Its Andean Common Market Inspiration, Robert Y. Stebbings

Vanderbilt Journal of Transnational Law

Back in power after nearly twenty years of forced exile, the government of Juan Domingo Per6n fulfilled one of its most popularly acclaimed promises. Following a prolonged emotion-charged journey through the first Congress since the dissolution of that body in 1966, Argentina's new Foreign Investment Law (the "Law") became effective in December 1973. Law No. 20.577 regulates foreign direct investments, foreign credits and contracts involving payments abroad. Appearing almost simultaneously, Law No.20.575 requires registration with the government of all persons or entities who carry out any activity related to Argentina on behalf of foreign interests. The Foreign Investment Law was …

Book Review, Harold J. Berman

Vanderbilt Journal of Transnational Law

The world has grown quite used to the fact that almost all Soviet export and import transactions are conducted by specialized state foreign trade organizations (ob'edineniia, "combines" or "associations") subordinate to a single state agency, the Soviet Ministry of Foreign Trade. The idea of such a "state monopoly" of foreign trade was originally put forth by Lenin and instituted by a decree of April 1918. It was intended primarily as a means of national economic defense: to protect the fledgling Soviet economy against anticipated imperialist exploitation. This was before the introduction of a centrally planned economy, and before even the …

The Trade Act Of 1974: Coping With Unequal Environmental Control Costs, Scott C. Whitney

Faculty Publications

No abstract provided.

Book Review. The People's Republic Of China And The Law Of Treaties By Hung-Dah Chiu, Bryant G. Garth

Articles by Maurer Faculty

No abstract provided.

Legal Protection Of Loans To Developing Country Borrowers, Lajos Schmidt

Vanderbilt Journal of Transnational Law

At the Bretton Woods Conference in July 1944, in introducing the proposal for what is today the World Bank, John Maynard Keynes predicted: "In the dangerous and precarious days which lie ahead, the risks of the lender will be inevitably large and most difficult to calculate. The risk premium reckoned on strict commercial principles may be beyond the capacity of an impoverished borrower to meet, and may itself contribute to the risks of ultimate default." Three decades later this problem of the gap between the developed-country lender's required risk premium and the developing-country borrower's ability to generate an investment return …