This paper is the arguments for and against a uniform commercial code for global transactions. As the increased importance of extended supply chains,
trade is the key to globalization, look at the US, Uniform Commercial Code regulates trade within the USA. please answer the following question :
Does uniform Commercial Code possible for all countries? Is uniform Commercial Code advisable? What difficulties do you see in this?
What role shall differences in: Legal systems, Customs, Level of economic development
Have in this regard? What would be the advantages?
Please include an introduction with thesis, body paragraph that answers the questions above, and a conclusion, thanks! For more information on Global Governance check on this: https://en.wikipedia.org/wiki/Global_governance
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