Post by Hockeynutville on Oct 16, 2009 11:19:34 GMT -5
National Economic Freedoms
A resolution to reduce barriers to free trade and commerce.
A resolution to reduce barriers to free trade and commerce.
Category: Free Trade
Strength: Strong
Proposed by: Krioval
Description: The World Assembly,
RECOGNIZING that industry and commerce are vital to national and international prosperity,
NOTING that capitalist, socialist, communist, and other economic systems are fully capable of providing for industrial and commercial development,
DEFINES "commerce" to include the sale, production, and consumption of a product or service,
FURTHER DEFINES "jurisdiction" as the reach of a national government's authority, including any internationally recognized land, sea, space, or other material claims,
ENCOURAGES individuals, groups of individuals, and national governments to engage in commerce with other willing individuals, groups of individuals, and national governments as allowed in their respective jurisdictions,
ALLOWS national governments to regulate commerce within their jurisdiction,
REQUIRES national governments to compensate any individual, group of individuals, or national governments for any physical property or money seized by that national government, excepting those assets used for criminal enterprise,
CREATES the Impartial Mediation Foundation to investigate, mediate, and arbitrate any conflicts that arise,
NOTES that this legislation does not affect economic protective devices or domestic taxation,
REQUIRES that no commerce be generally restricted by the WA unless:
1. Restricted by prior legislation, or
2. The enterprise causes an extreme hazard to national populations
