What are the main sources of international business law?

International business law refers to the laws and regulations that govern business activities that occur between countries. In Washington, international business law is enforced by the federal government, which means the laws and regulations may vary from state to state. The main sources of international business law can be divided into two categories: private law and public law. Private law includes agreements, contracts, and treaties that are negotiated between private entities, such as companies, and governments. Public law includes laws, regulations, and rules that are created and enforced by governmental entities. The World Trade Organization (WTO) is a public international organization that sets a number of international business laws that govern global trade. WTO agreements provide the rules for conducting international business, such as the terms of trade, intellectual property rights, dispute resolution, and more. Treaties, which are legally binding agreements between two or more countries, are another important source of international business law. Treaties typically cover topics such as trade, taxation, and investment. Other important sources of international business law include the laws of individual states, as well as international conventions, such as the International Criminal Court. International conventions provide a basis for protecting human rights and creating a system of justice that can be enforced by countries around the world.

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What are the main sources of international business law?

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