• The students acquire up-to-date knowledge of the current challenges facing the World Trade Organization.
• The students understand and are able to engage in debate on advanced legal issues related to the World Trade Organization.
• The students can critically assess the relationship between WTO obligations and the protection of other economic and non-economic values and interests.
• The students can identify international trade law issues arising from fictional case studies dealing with the topics covered in this course and apply the legal framework to these problems.
• The students are able to form a reasoned legal opinion evaluating true-to-life international trade problems.
• The students are able to write well-motivated legal opinions analyzing international trade problems and to present these orally in class.
Course Content (Syllabus)
This in-depth course deals with fundamental topics of international trade law. Building upon the basic knowledge of the law of the World Trade Organization (WTO), this course explores the challenging topics τhat are at the core of current trade policy, in a world of complex interdependence in global value chains, increasing economic nationalism and unilateralism and proliferating preferential trade agreements.
In particular, this course addresses the following:
1) Issues of WTO dispute settlement (on the crisis of the WTO dispute settlement system and the way forward). Economic policy exceptions (on the WTO rules that govern safeguard measures and regional trade agreements).Rules on anti-dumping measures (on the WTO rules governing the permissible response to dumping as a form of unfair trade).
2) Rules on subsidies and countervailing duties (on the WTO rules governing subsidization and the permissible response to subsidization as a form of unfair trade).
3) Rules on technical barriers to trade (on WTO rules governing technical regulations, standards and conformity assessment procedures).
4) Rules on sanitary and phytosanitary measures (on WTO rules governing national food-safety measures and measures to protect against health risks from pests or diseases).
5) The future of the rules-based multilateral trading system (on the current challenges faced by the rules-based multilateral system for trade and the way forward).