Islamic principles of trade competition in trade

Strategic Trade and Delegated Competition∗

Strategic trade theory has been criticized on the grounds that its predictions are overly sensitive to modeling assumptions. Applying recent results in duopoly theory, this paper considers three-stage games in which governments choose subsidies, firms’ owners choose incentive schemes for their managers, and then the managers compete in the product market. We show that if firms’ owners have suff...

Trade Credit and Supplier Competition

This paper examines how competition among suppliers affects their willingness to provide trade credit financing. Trade credit extended by a supplier to a cash constrained retailer allows the latter to increase cash purchases from its other suppliers, leading to a free rider problem. A supplier that represents a smaller share of the retailer’s purchases internalizes a smaller part of the benefit...

protection of trade marks against unfair competition

the law of prohibition of unfair competition prohibits any deed or action which is against the normal competition in the market. before emergence of special laws for protection of intellectual property rights, including trademarks, such right could be protected either by tort law claims or law of unfair competition. however, the law of prohibition of unfair competition covers a wider area than ...

Possibility of Trade Integration among Selected Islamic Countries

Development of International Trade in Health Services in the Legal System of World Trade Organization

The World Trade Organization, as one of the youngest international organizations following its 50th activity of predecessor means the General Agreement on Tariffs and Trade in the Multilateral Trade System, through the establishment of a General Agreement on Trade in Services, regulated the domain of International Trade in services and by designating Integrated legal framework for the advanceme...