In this essay I seek answers to the following questions: why is it extremely difficult to resolve international trade disputes caused by domestic health risk regulation against a foreign food; why does the WTO legal system not work very well in solving the disputes; and what might be done to...

Since Korea and the United State (U.S.) announced the launch of free trade agreement (FTA) negotiations in 2006, non-govern mental organizations (NGOs) in Korea has furiously opposed the Korea-U.S. FTA (KORUS). While the Korean government says that KORUS would be a positive factor for the Korean...

In this essay I seek answers to the following questions: why is it so difficult to resolve international trade disputes caused by domestic health risk regulation against a foreign food; why does the WTO legal system not work very well in solving the disputes; and what might be done to resolve the...

Economic analysis is valuable in complex and empirical antirust issues. But it should be noted that the use of econometric technique is accompanied by the risk of its misuse. As lay judges can hardly understand the cognitive aims and methods of economics, they are prone to make an error in...

Today international society faces a challenge in addressing the global financial and economic crises. Never-ending debates on the key causes of financial crises shows there is uncertainty in financial matter. Unlike risk, uncertainty cannot be forecasted by mathematical and stochastic methods....

Today international society faces a challenge in addressing the global financial crises. Despites never-ending debating on the key causes of financial crises, it seems quite certain that there do exist a great deal of "uncertainty" in global financial market. Unlike risk, uncertainty cannot be...