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LSDefine

Simple English definitions for legal terms

trade dispute

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A quick definition of trade dispute:

Trade dispute: A disagreement between two or more countries about things like how much tax should be charged on goods that are being traded between them. It can also be a disagreement between an employer and employees about things like how much money the employees should be paid or what their working conditions should be like. If an employee leaves their job during a trade dispute, they may not be able to get unemployment benefits.

A more thorough explanation:

A trade dispute is a disagreement or conflict between two or more parties related to international commerce or employment-related matters.

In international law, a trade dispute can arise from issues such as tariff rates or other matters related to international commerce. For example, if Country A imposes high tariffs on goods imported from Country B, Country B may file a complaint with the World Trade Organization (WTO) to resolve the dispute.

In labor law, a trade dispute can occur between an employer and employees over pay, working conditions, or other employment-related matters. For instance, if workers in a factory demand higher wages and better working conditions, but the employer refuses to meet their demands, a trade dispute may arise. The workers may go on strike, and the employer may lock them out.

It's important to note that employees who leave during a trade dispute are not entitled to benefits under the Unemployment Insurance Act.

During the COVID-19 pandemic, many airlines faced a trade dispute with their employees over job security and pay cuts. As air travel demand plummeted, airlines were forced to cut costs, which led to layoffs and pay reductions. However, employees argued that the airlines were not doing enough to protect their jobs and demanded better compensation. The dispute resulted in strikes and protests, which disrupted air travel and caused inconvenience to passengers.

This example illustrates how a trade dispute can have far-reaching consequences, affecting not only the parties involved but also the general public.

trade disparagement | trade dollar

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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