international law

Foreign Direct Investment

Foreign Direct Investment: An Overview

The International Monetary Fund (“IMF”) defines foreign direct investment (“FDI”) as a “cross-border investment” in which an investor that is “resident in one economy [has] control or a significant degree of influence on the management of an enterprise that is resident in another economy.” IMF, Balance of Payments and International Investment Position Manual 100 (6th ed. 2009).

treaty

A pact between nations that, if entered into by the United States through its Executive Branch, must be approved by two-thirds of the Senate under Article II, Section 2 of the Constitution. Presidents sometimes get around this requirement by entering into "Executive Agreements" with leaders of other countries; these are mutual understandings rather than enforceable treaties.

status

Under immigration law, the name of the visa category a person has been assigned and the group of privileges received upon becoming either a permanent resident or a nonimmigrant (temporary visa holder). For example, a green card shows that the holder has the status of a permanent resident and the privilege of living and working in the United States on a permanent basis. An F-1 or M-1 visa indicates that the holder has the status of a student and the privilege of attending school in the United States until the study program is completed.

piracy

1) Crimes of robbery, kidnapping, and similar activities on the high seas. The trial and punishment of such pirates may be under international law, or under the laws of the particular nation where the pirate has been captured. 2) A colloquial term without legal significance often used to describe willful copyright, patent, and trademark infringement.

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