REGULATION OF INTERNATIONAL TRADE WITHIN THE FRAMEWORK OF THE WORLD TRADE ORGANIZATION
Tashkent 2011
Foreword
This textbook on the course “Regulation of International Trade within the framework of the WTO” is designed for students of higher education institutions, specializing in International Economics and Foreign Trade.
The textbook includes basic notions of lectures, questions for self-control and class discussions, case-studies, illustrations, and reference books on relevant topics.
The aim of the course is to introduce students to basics of WTO regulation on trade in goods and services, intellectual property rights and investments.
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The objectives of the course are:
- to familiarize students with the basic institutional mechanisms regulating International Trade;
- to introduce students to basic principles and concepts of the World Trade Organization;
- to develop students’ analytical abilities on issues of foreign trade regulation;
- to enable students to evaluate compatibility foreign trade regime of Uzbekistan with WTO rules.
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Throughout the classes students will be required to engage in classroom and group discussions, prepare an individual research paper on particular issues of WTO, and pass computer based test.
Classes will be taught using advanced teaching methods such as interactive education, class and small group discussions, case studies, role playing, presentations with usage of up-to-date IT technologies.
Content
Lecture 1. Introduction to the course “Regulation of International Trade under WTO rules”
1. Reasons for imposing trade restriction – individual country perspective
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2. Historical background of the WTO
3. Reasons for replacing the GATT by the WTO
Questions
References
Lecture 2. WTO – structure, aims and principles
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1. Objectives, main functions, principles
2. Organization structure
3. Accession and Decision-Making procedure
4. Trade policy review mechanism (TPRM) of the WTO
5. Plurilateral trade agreements of the WTO
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6. Main difference between the WTO and GATT
Questions
Reference
Lecture 3. Regulation of Trade in Goods (GATT system)