Basic Contract and Sales Law

We obviously need the international sales act, the UN CISG. And we need the international trade. Especially in times of crisis - and in a time where we have to accept high unemployment figures, joblessness rates. US and Britain fear that the unemployment rates approaching 10 %. Even that is no big figure in a global perspective. Economics have to teach us how to live with and handle - and eventually learn to love - jobblessness rates at 20 %. The challenge is to level out this rate all over the globe. To avoid that contries A are at about 5% while countries B are above 20%. Which is both unfair an unrational. This raises difficult questions.