International law and comparative law
There is a difference between comparative law and international. However, many times they are used interchangeably. International law oversees state behavior as well as international organizations concerning how they relate to one another in addition to natural and judicial persons. On the other hand, comparative law studies legal systems of diverse states. Concerning international law, any entity with the territory, government, and permanent population, as well as the lawful capacity of engaging in diplomatic dealings, is put in the category of states.
Comparative law academicians may examine contracts in various country’s legal systems while trying to find out and contrasting appropriate national laws. Examining domestic sources of law contained in the constitution is essential in comparative legal studies. These sources can be acts of parliament, judicial precedents as well as administrative rules and regulations. In contrast, international law principles begin from Article 38 Rome statute of the ICC. This is a section of the United Nations System. Mainly, international agreements, customs, and general legal principle are the source of international law
International business, Ethical considerations, and law
In the international arena, exporting is a simple way to enter foreign markets. You can identify sales representative of your products to sell to foreign exchange. Besides, you can have a distributor who can better handle your products. Among ethical issues, you should consider safety if your product is consumable. Location, labor practices are also among ethical deliberations; you should find to succeed in a foreign market. Laws guide international trade. There are trade tariffs and taxes to be adhered to. Any trade disagreements are resolved through laid procedures. World trade organization and regional trade agreements help in regulating international businesses.