international law

foreign direct investment

The International Monetary Fund (“IMF”) defines foreign direct investment (“FDI”) as a “cross-border investment” in which an investor that is “resident in one economy [has] control or a significant degree of influence on the management of an...

foreign divorce

A foreign divorce is a divorce granted in a different jurisdiction or country from the one in which a spouse resides.

[Last updated in July of 2021 by the Wex Definitions Team]

foreign relations

Foreign relations law of the United States encompasses both international law, which embodies the rules that determine the rights and obligations of states and international organizations, and that part of the domestic law of the United...

free trade

Free trade refers to a trade policy that advocates international trade without restrictions by governments against imported or exported products, such as the trade of goods without taxes or trade barriers, the trade in services without taxes...

game theory

Game theory is a field of mathematics that analyzes strategies for navigating competitive situations where the outcome of one participant’s actions depends heavily on the actions of others.

One famous example of game theory...

GATT

The General Agreement on Tariffs and Trade (GATT) is the foundational agreement reached between many countries after World War II to reduce tariffs, quotas, and other barriers to trade. The agreement started with 23 nations signing in 1947...

General Agreement on Tariffs and Trade (GATT)

The General Agreement on Tariffs and Trade (GATT) is a legal agreement first signed by 23 countries on October 30, 1947 in Geneva, Switzerland. The GATT aimed “substantial reduction of tariffs and other trade barriers and the...

Geneva Conventions and their additional protocols

Note: This article addresses the international humanitarian law, or law of war. For information on immigration and links to the 1951 Convention and 1967 Protocol Relating to the Status of Refugees, see the article about Immigration.

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genocide

Genocide is one of the greatest crimes under international law, often called the "crime of crimes" after the Nuremburg Trials. According to Article 2 of the 1948 United Nations Convention on the Prevention and Punishment of the Crime of...

government

A government can be defined as the body, entity, invested with the power to manage a political unit, organization or more often, a State. Government, from the Latin locution gubernare - means steer a ship/vessel - describes the governing...

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