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THE ROLE OF UNITED NATIONS AND REGIONAL ORGANIZATIONS IN RESOLVING DIS

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THE ROLE OF UNITED NATIONS AND REGIONAL ORGANIZATIONS IN RESOLVING DISPUTES IN INTERNATIONAL LAW:A CASE STUDY OF CONGO
 
CHAPTER ONE
INTRODUCTION
1.1      BACKGROUND TO THE STUDY
The concept of International Trade has been of immense importance in the existence of the nations of the world because no nation is completely self-sufficient. In addition, the needs and wants of people in all parts of the world are better served by exchanging commodities and services1. Trade increases the standard of living in all countries. For some countries, foreign markets take a third to a half of the total output and the standard of living depends crucially on the international division of labor.

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