To benefit from international trade, individual nations agree to be governed by

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In order to ensure fair and equitable trade between nations, international law is established and agreed upon by participating nations. This provides a framework for resolving disputes and enforcing contracts, which ultimately benefits all nations involved in international trade. The Uniform Commercial Code is a set of laws and regulations that govern commercial transactions within the United States, and therefore is not applicable to international trade between nations. The laws of other nations may vary widely and therefore cannot ensure consistent or reliable international trade.

To Benefit from International Trade, Individual Nations Agree to Be