International Legal Regimes On Trade and Environment
ICSE · Class 11 · Environmental Science
Flashcards for International Legal Regimes On Trade and Environment — ICSE Class 11 Environmental Science. Quick Q&A cards covering key concepts, definitions, and formulas.
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What are international legal regimes?
Answer
International legal regimes are organised international processes with principles, rules, norms, and decision-making procedures that govern well-defined activities, natural resources, or specific geog…
Why are trade and environmental protection linked?
Answer
Global trade can increase pressure on natural resources and pollution levels. International legal regimes try to balance economic development with environmental protection so that growth remains susta…
What do trade regimes usually emphasise?
Answer
Trade regimes emphasise scientific risk assessment, market access, and non-discrimination. These principles help trade remain fair and predictable.
What do environmental regimes rely on?
Answer
Environmental regimes rely on the precautionary principle. This means action should be taken to prevent serious environmental harm even when scientific certainty is incomplete.
How do trade regimes and environmental regimes differ in their approach?
Answer
Trade regimes focus on scientific risk assessment, market access, and non-discrimination. Environmental regimes focus on caution and prevention through the precautionary principle.
Why was GATT created?
Answer
GATT was created to regulate and promote international trade by reducing tariffs and other trade barriers and by removing discriminatory trade preferences on a reciprocal and mutually beneficial basis…
State the origin of GATT.
Answer
GATT was signed by 23 nations in Geneva on 30 October 1947 and came into force on 1 January 1948.
How does GATT support fair trade?
Answer
GATT promotes non-discrimination, tariff-based protection, uniform customs regulations, tariff negotiations, and avoidance of unjustifiable trade restrictions.
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