ECON 164 Law, Economics and Politics of International Trade

Examines aspects of the WTO system from legal and economic perspectives. Presents theoretical and empirical research in economics to develop both positive and normative themes regarding the WTO as an international institution. Overview of the economics of international cooperation on trade, and an introduction to the WTO as an institution and its core obligations. Topics may include: the dispute resolution system; the choice between multilateral and regional or bilateral trade agreements; the role of developing countries in the WTO; and the relationship between WTO law, domestic regulation and national sovereignty. Prerequisite: Econ 51 or equivalent undergraduate microeconomics.

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