ECONOMIC LAWS

Economic Laws by WTO



[Institution Name]

Chapter 1: Introduction

Background

Economic Laws are those that govern the production, distribution, exchange and consumption of material goods at different stages of development of human society, as well as express the essential linkages and relationships, stable, causally conditioned between phenomena and processes of economic life of society. Economic laws, like those of nature, have an objective character, i.e. express links and relationships independent of the will and conscience of men. They emerge and act on the basis of certain economic conditions that are changed while modifying the conditions indicated and disappear when they are removed.

Purpose of the Study

The purpose of the study is to discuss and critically evaluate whether these principles of the WTO achieve the overall aims of International Economic Law.

Aims and Objectives

The aim is to assess and demonstrate the effectiveness of the laws proposed by World Trade Organization.

Chapter 2: Literature Review

With the aim to study and analyze the efficacy of the Economic Laws we will be implementing SWOT and PESTL analytical tools. These tools will give us a clear of internal and external environment, as well as a technical approach to validate the principles of the WTO in order to achieve the overall aims of International Economic Law.

SWOT Analysis

The SWOT (Strengths - Weaknesses - Opportunities - Threats) or SWOT (Strengths - Weaknesses - Opportunities - Threats) is a tool for strategic analysis. It combines the study of forces and weaknesses of an organization, territory, sector, etc. with the opportunities and threats in its environment, to help the definition of a development strategy. The purpose of the analysis is taken into account in the strategy, both internal and external factors, maximizing potential strengths and opportunities, while minimizing the impact of weaknesses and threats. Contrast to the strengths, weaknesses is the negative aspects internal but which are also controlled by the organization, and for which there are significant room for improvement (Carlsson and Berkes, 2003, par. 5). Opportunities are positive external potential, which is can possibly take advantage, in the context of the strengths and weaknesses. Threats are problems, obstacles or limitations external, which may prevent or limit the development of country or sector (e.g. industry).

The acronym SWOT was first introduced in 1963 in the Harvard conference on the problems of business policy professor Kenneth Andrews ( Eng. Kenneth Andrews). In 1965 four professors at Harvard University, Leraned, Christensen, Andrews and Guth (Leraned, Christensen, Andrews, Guth), suggested the use of technology SWOT-model for the development of the strategy of firm behavior. Scheme has been proposed LCAG (the initial letter of authors' names), which is based on the sequence of steps leading to the choice of strategy. As the SWOT-analysis in general terms does not contain economic categories, it can be applied to all organizations, individuals and countries to build strategies in various fields of activity.

Opportunities are positive external potential, which may ultimately benefit, as part of the strengths and weaknesses. They are also often affects the margin (for example, by changing tastes of ...