International Legal Regimes On Trade and Environment — Chapter Summary
ICSE · Class 11 · Environmental Science
Summary of International Legal Regimes On Trade and Environment for ICSE Class 11 Environmental Science. International legal regimes are organised.
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Overview
International legal regimes are organised international processes made up of principles, rules, norms, and decision-making procedures that govern activities, natural resources, and geographical areas related to trade and the environment. Trade and environmental protection are closely connected becau
Key Concepts
These are organised international systems
These are organised international systems of principles, rules, norms, and decision-making procedures that govern well-defined activities, natural res
Trade regimes stress scientific risk assessment
Trade regimes stress scientific risk assessment, market access, non-discrimination, transparency, predictability, and stable rules for trade.
Environmental regimes depend on the precautionary
Environmental regimes depend on the precautionary principle, which supports preventive action when environmental damage is uncertain.
The General Agreement on Tariffs
The General Agreement on Tariffs and Trade was signed by 23 nations in Geneva on 30 October 1947 and came into force on 1 January 1948. It reduced tar
The World Trade Organisation is
The World Trade Organisation is a permanent institutional framework established on 1 January 1995 after the Uruguay Round Agreements. It regulates tra
Learning Objectives
- Understand the meaning of international legal regimes and their role in trade and environment
- Explain the purpose and working of GATT and WTO
- Describe the role of transnational corporations in the use of global resources
- Study the environmental and economic effects of the Exxon Valdez and Deepwater Horizon oil spills
- Identify the role of major international institutions such as UNEP, UNCTAD, WHO, UNDP, and BRICS
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Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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