Arguments for and Against Uniform Commercial Codes Discussion
Description
Question: Please present in writing arguments for and against a uniform commercial code for global transactions
Important: the topic was can we have a global commercial code valid for all countries? Not can we apply the US UCC to all countries.
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Managing in a Global Economy
Spring 2021
Lesson 3 Next Assignment
The Uniform Global Commercial
Code
1
Arguments for and against a uniform commercial code for global transactions
We have looked at globalization
We have seen the role of trade in globalization
We have seen the increased importance of
extended supply chains
Trade is the key to globalization !
2
Shall we use the US example ?
Uniform Commercial Code regulates trade within the USA
Uniform Commercial Code possible for all countries ?
Uniform Commercial Code advisable ?
What difficulties do you see in this ?
What role shall differences in:
Legal systems
Customs
Level of economic development
Have in this regard ?
What would be the advantages ?
3
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Explanation & Answer:
350 words
Tags:
Global transactions
commercial codes
trading levels
goods export
net national product
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