Topic > International Affairs: Trade Sanctions - 1867

The topic I chose to research was trade sanctions. Trade sanctions are one of many trade barriers that countries typically use to protect their domestic market. These are sanctions imposed on a country by another country, usually when countries are dealing with a policy or political dispute. Sanctions usually take the form of duties or tariffs. The 3 articles I found are: Iran Looks to Oil to Ease Pressure from Economic Sanctions by Jason Rezaian, The Power of Cross-Country Sanctions by Brent Radcliff and Why Sanctions on Cuba Must Remain by Jamie Suchlicki.Summary of ArticlesIn the article by Jason Rezaian, shows how trade sanctions can impact a country's economy, both through relationships with trading partners and on the economy. The articles stated that the United States and several countries within the United Nations have completely stopped or are reducing oil imports from Iran. The sanctions were imposed due to Iran and other countries such as the United States, disputing their (Iran) nuclear program. This negatively affects Iran's economy because oil is their largest export and accounts for more than half of the country's revenue. Some countries such as Japan, China and India have received sanctions waivers, meaning they could import oil without having to impose such sanctions, if their purchases decreased within 6 months. Instead of decreasing purchases, China increased them by more than 1.2% and in September alone they increased by 24% compared to the same quarter last year. This makes the new Iranian president and his cabinet happy because it gives them hope for the future by strengthening ties with already established trading partners and ultimately getting... middle of paper... an opponent for a certain period after departure the contract stipulates a long notice period. Garden leave clauses are express contractual clauses that can be implemented before the termination of the employee's employment contract. Gardening leave clauses work when statutory notice is given, either by the employer or the employee. During this notice period, the employee is not obliged to work, but is entitled to all his contractual conditions. During this period the employee is bound by the contract, has a duty of loyalty to his former employer and cannot work for a competitor or reveal trade secrets or private information. Therefore, in Provident Financial Group plc v Hayward (1989) the Court of Appeal suggested that these terms would also be studied and not applied if they were broader than necessary.