030044 KU International Trade Law (2016W)

The purpose of this course is to focus on the legal order that governs the international trade in goods. This course shall explore both the policy and legal regimes that affect and govern international trade. Accordingly, it shall be balanced between exploring the legal principles of the international trade regime and the underlying and countervailing policy rationales that affect the application of such principles. It shall therefore start with an overview and contextualization of the international trading system and the place of the WTO/GATT within that system. It shall proceed to analyze the determining institutional structures and foundational principles of the WTO/GATT regimes. In doing so it will look at: the institutional framework of the WTO/GATT, its dispute settlement mechanisms, general principles such as National Treatment, Most-Favoured-Nation Treatment, Trade Barriers, Provisions governing Quantitative Restrictions, the GATS and TRIPS, unilateral trade remedies (anti-dumping measures and countervailing duties) before finally addressing the place this system and its principles find in general international law.