This paper circulates around the core theme of ottom-up and Top-down are two different legislation approaches. The former is industry- driven: merchants/businesses design their own rules and states/international organizations make these rules into laws together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Topic Three: Bottom-up or Top-down Legislation in International Business Law
Bottom-up and Top-down are two different legislation approaches. The former is industry- driven: merchants/businesses design their own rules and states/international organizations make these rules into laws. The latter is legislature-driven: states/international organizations enact laws and merchants/businesses comply with these laws. Which approach is dominant in international business law? Why? Any pros and cons? How might this dichotomy be better managed?