International Trade Regulation (JPJ2037) (ECO1320H)

This seminar will explore the regulatory framework and rules governing international trading relations, and how they have been evolving – or fracturing – due to challenges such as political trends in the United States and their impact elsewhere, China’s membership in the WTO, Russia’s invasion of Ukraine, and the COVID pandemic. 

Topics that will be examined against this background include: the GATT/WTO multilateral trade law regime; the principles of non-discrimination (most favoured nation and national treatment); preferential trade agreements; rules on the imposition of tariffs and quantitative restrictions on trade in goods; special & differential treatment for developing countries; dispute settlement; disciplines on injurious trade (anti-dumping, anti-subsidy and safeguard measures); the regulation of cross-border trade in services and investment; national security, economic sanctions and export controls; and trade and health and safety, the environment, labour and human rights.