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GLOSSARY, Directive (UE): A directive is a legal act of the European Union…
GLOSSARY
Law, right and duty
. Rights are the fundamental normative rules about what is allowed of people or owed to people according to some legal system, social convention, or ethical theory.
Duty is a commitment or expectation to perform some action in general or if certain circumstances arise
The law is a system of rules that a society or government develops in order to deal with crime, business agreements, and social relationships
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Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade
Bindingprecedent is a legal rule or principle, articulated by an appellate court, that must be followed by lower courts within its jurisdiction. Essentially, once an appellate court reviews a case, it will deliver a written opinion.
A code, in law, is the name that normally designates a collection of legal provisions governing a certain legal matter.
Community law identifies the set of legal rules relating to the organisation and development of the European Union.
Globalization is the process of interaction and integration among people, companies, and governments worldwide.
Protectionism refers to government policies that restrict international trade to help domestic industries. Protectionist policies are usually implemented with the goal to improve economic activity within a domestic economy but can also be implemented for safety or quality concerns.
A regulation is a legal act of the European Union
that becomes immediately enforceable as law in all member states simultaneously. Regulations can be distinguished from directives which, at least in principle, need to be transposed into national law.
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International trade is the exchange of capital, goods, and services across international borders or territories[1] because there is a need or want of goods or services .
International organizations are legal entities operating
under international law. They include: intergovernmental organizations (IGOs) and non-governmental organizations (NGOs).
: Human rights are those rights which are granted to human beings simply because they belong to the human race.
Customs duties are taxes applied to imported (or exported) products and are defined by the country that imposes them.
Case law is the collection of past legal decisions written by courts and similar tribunals in the course of deciding cases, in which the law was analyzed using these cases to resolve ambiguities for deciding current cases.
: International law, also known as public international law and law of nations,[1] is the set of rules, norms, and standards generally accepted in relations between nations.
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Jurisdiction is the practical authority granted to a legal body to administer justice, as defined by the kind of case, and the location of the issue (its situs). In federations like the United States, areas of jurisdiction apply to local, state, and federal levels.
Directive (UE): A directive is a legal act of the European Union which requires member states to achieve a particular result without dictating the means of achieving that result.