Student guide Facoltą di Economia A.A. 2010/11

The economics and law of international trade
Aim of the course
The course aims at analyzing the trade context within which the European Union has to operate. In particular it stresses the main stages of European integration as they relate to commercial issues.  The objective is to allow the students to understand the most important EU policies in the field of international trade and the main principles of the WTO.
Module 1: Europe in World Trade
1.  The importance of Europe in the world economy.
2.  Theory of economic integration and the EU customs union.
3.  The EU trade policy: multilateralism and the Doha Round.
4.  EU preferential trade agreements.
5.  The new trade policy of the European Union.
6.  Bilateralism versus multilateralism in the EU trade policy.
7.  Global imbalances and international currency relations.
 8. Crisis, trade slump and dangers of protectionism. 
Module 2: International Trade Law
1.    Overview of the main international economic and financial organizations (IBRD and its affiliates, FMI)
     From ITO to GATT
     The Uruguay Round and the birth of WTO
2.    The WTO institutional framework
     The Dispute Settlement System
3.    WTO/GATT: main principles
4.    Special and differential treatment for developing countries
5.    The relationship between trade and other social values and interests
6.    Trade defense measures
Reading list
Module 1
SENIOR NELLO, Susan, The European Union, McGraw-Hill, second edition, 2009
Materials to be provided by the lecturer.
Module 2
M. J. TREBILCOCK; R. HOWSE, The Regulation of International Trade, 3rd Ed., London, 2005.
P. Van DEN BOSSCHE, The Law and Policy of the World Trade Organization. Text, Cases, Materials. 2nd Ed., Cambridge, 2008.
M. MATSUSHITA, T. J. SCHOENBAUM, P. C. MAVROIDIS, The World Trade Organization: Law, Practice, and Policy, Oxford, 2006.