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.
Syllabus
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
Examinations
Written.
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.