Course Content (Syllabus)
This course offers an overview of the institutions, rules and mechanisms governing the international trade relations. The focus of this course is on GATT/WTO Law. Discussed are the institutional and substantive aspects of the rules and mechanisms governing the multilateral trading system administered by the World Trade Organisation and in particular: the General Agreement on Trade and Tariffs (GATT), the Multilateral Trade Negotiations Rounds, the establishment of the WTO, the basic principles governing the multilateral trading system (multilateral trade principles, such as most favoured nation treatment and national treatment, open market principles, such as elimination of tariffs, quotas and other non-tariff barriers to cross-border trade, and fair trade principles, such as dumping and subsidies), and the settlement of international trade disputes. While the focus of the subject matter is on WTO Law governing the cross-border trade in goods, attention is equally reserved for the WTO Law governing the international trade in services (GATS).