BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
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Political Situations
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Economic Situations
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Sociocultural Situations
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Technological Situations
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Detailed explanation-1: -International law is the term given to the rules which govern relations between states. Despite the absence of any superior authority to enforce such rules, international law is considered by states as binding upon them, and it is this fact which gives these rules the status of law.
Detailed explanation-2: -The United States and International Law International law is typically a part of U.S. law only for the application of its principles on questions of international rights and duties. International law, however, does not restrict the United States or any other nation from making laws governing its own territory.
Detailed explanation-3: -International law (also known as public international law and the law of nations) is the set of rules, norms, and standards generally recognized as binding between states.
Detailed explanation-4: -Article 38 of the Statute of the International Court of Justice refers to three sources of international law under the traditional theory of sources: treaties, customary international law, and general principles of law.