Curriculum Guide · Courses
J.D. Course 244 (cross-listed) | 3 credit hours
In 1995, the World Trade Organization (WTO) was established as a result of the Uruguay Round Trade Negotiations (1986-94). The treaty rules that came into force provide a very complex legal framework for international economic relations. This legal framework is analyzed in this course in relation to national government constitutional and legal rules and processes, particularly that of the United States. The course explores questions regarding the Executive-Congressional relationship in the United States, the process of formulation and adoption of United States trade legislation, the fundamental law of the Bretton Woods System involving GATT and the WTO, along with other results of the Uruguay Round negotiation. The course takes up various regulatory legal principles and how they operate at both the national and international level, dealing with subjects such as tariffs and tariff negotiations, quotas, most favored nation clauses, regional trading blocs, national treatment clauses and exceptions for environmental and other policies, escape clauses and adjustment assistance, dumping, anti-dumping duties, export subsidies, countervailing duties, international rules on patents and copyrights, trade in services (such as banking and tourism), and other topics. The goal of the course is to give a rounded and in depth understanding of the international trade rule system and of the interplay between national and international rules as they affect government actions that influence private international transactions.
Prerequisite: Prior or concurrent enrollment in International Law I or equivalent.
Students may not receive credit for both this course and International Law II or International Trade and the WTO or International Trade Law; or the graduate course, International Trade Law and Regulation.
Priority for enrollment is given to students enrolled in the Global Law Scholars program.