International Trade Regulation (JPJ2037) (ECO3504HF) (ECO459H1F) (LAW285H1F)

At a Glance

First Term
Credits
3
Hours
2
SUYRP
Perspective course
ICT

Enrolment

Maximum
40
22 JD
8 LLM/SJD/MSL/NDEGS/SJD U
5 Economics students and 5 Pol. Sci.

Schedule

T: 2:10 - 4:00
Instructor(s): Michael Trebilcock

This course satisfies either the Perspective or the International/Comparative/Transnational perspective course requirement.

Note: Students taking this course cannot take International Trade Regulation (LAW285H1F) with Paul-Eric Veel

This seminar will explore the regulatory framework governing international trading relations. It will begin with the economic theory of international trade and in particular the case for free trade, then examine the politics of trade policy and objections and sources of opposition to free trade. The following topics will be examined: international economic institutions, the Bretton Woods System, the GATT/WTO, NAFTA, international regulation of tariffs, national tariff administration, the principles of nondiscrimination (most favoured nation and national treatment) with a special focus on antidumping regulation, subsidies and countervailing duties, safeguards, adjustment assistance, trade and agriculture, trade in services, trade-related investment measures, trade-related intellectual property rights, trade and health and safety, trade, labour and human rights standards, trade and the environment and trade and development.
The seminar will strongly emphasize the institutions and political economy of international trading relations and how economic and political forces have shaped current regulatory policies and may shape future policies.

Evaluation
Students will be required to write 500 to 750 page comments on selected readings for five of the classes (50%) and a 3750 word paper on an issue of their choosing (50%). Students writing a SUYRP in this course will be required to write a reduced number of comments (2).