BIOLOGICAL PATENT AND ITS PROBLEMS

A biological patent is a patent on an invention in the field of biology that by law allows the patent holder to exclude others from making, using, selling, or importing the protected invention for a limited period of time. The scope and reach of biological patents vary among jurisdictions,and ...

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MICRO ECONOMICS AND ITS IMPORTANCE

Nine theoretical and practical importance of Macroeconomics are (1) Functioning of an Economy, (2) Formulation of Economic Policies, (3) Understanding Macroeconomics, (4) Understanding and Controlling Economic Fluctuations, (5) Inflation and Deflation, (6) Study of National Income, (7) Study of Economic ...

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MACRO ECONOMICS AND INTERNATIONAL TRADE

Macroeconomics (from the Greek prefix makro- meaning "large" + economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study aggregated indicators such as GDP, unemployment rates, national income, price indices, and the interrelations among ...

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LAW REGARDING INTERNATIONAL RIVER AND RIVER BASINS

International rivers and river basins are subjects of international Law which regulates the status of those rivers and basins and is the reference in case disputes are sparked off. The main reason behind the classification of certain rivers as international ...

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WTO AND ITS POWER

WTO is a major global economic actor and the first organization to come closer to becoming a world economic government. It has been established on January 1, 1995 in as a modification of the GATT (general agreement on Trade and ...

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UNITED NATION AND TERRORISM

Terrorism is a threat to world peace. As it thrives in a world of ours where violation of human rights, ethnic and religious discrimination, rising violence and socio-economic marginalization are very much in practice, it has succeeded in disregarding value ...

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NATURE OF JUS COGNES RULES

At its sixty-seventh session, in 2015, the International Law Commission decided to include the topic "Jus cogens" in its programme of work, on the basis of the recommendation of the Working Group on the long-term programme of work. The Commission decided to ...

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IS IT LEGAL CARRIAGE OF GOODS BY SEA

On the basis of the responsibility of the carrier Hague Rules and the Visby Rules adopt a not entirely exoneration principle. Not entirely exoneration principle meaning refers to under normal circumstances adopting the principle of taking fault, that is, carrier ...

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