Introduction to Trade Policy

✍ Scribed by Aluisio de Lima-Campos and Juan Antonio Gaviria

• Publisher: Routledge
• Year: 2017
• Tongue: English
• Leaves: 321
• Category: Library

✦ Synopsis

Introduction to Trade Policy provides a comprehensive overview of the rules and regulations that govern trade flow. It discusses the trade policy formulation process of major international economic players, and analyzes existing trade policy tools that countries may resort to in order to take advantage of the benefits of international trade and to protect themselves against its dangers, as well as their implications for trade policy, law and negotiations. 　

In Section I, the book explores the ways in which interest groups interact with government and legislators to shape trade policies. By developing an analytical view of trade policy formulation systems in the U.S., European Union, the BRICS countries (Brazil, Russia, India, China and South Africa), Canada, Mexico and Australia, the book will help the reader to gain a better understanding of these countries’ trade policy developments and also to apply such learning to the analysis of the trade policy formulation of any other countries. Section II goes on to explain how trade policy tools are used by governments to achieve trade and other policy objectives, while Section III analyses trade in services and the multilateral trade rules on Intellectual Property. Finally, Section IV uses hypothetical case studies in simulation exercises to illustrate trade policy decision-making and trade agreement negotiations in a bilateral, plurilateral and multilateral setting.　

This is the ideal introduction to international trade policy formulation for students and professionals in the areas of law, politics, economics and public policy who are seeking to develop a global view of international trade, gain insights into trade negotiations and understand the motivations behind the policies and actions of governments regarding international trade issues. This book is also the ideal companion to any traditional legal casebook on international trade or on international economic law.

✦ Table of Contents

Cover
Title
Copyright
CONTENTS
List of figures
List of tables
Abbreviations
SECTION I Trade policy
1 Introduction to trade policy
1.1 The purpose of this book
1.2 The notion of trade policy
1.3 The World Trade Organization and other multilateral institutions that affect trade policies
1.4 Trade policy formulation systems (Trade PFS)
2 The U.S. trade policy system
2.1 How players influence trade policy in the United States
2.2 The U.S. perspective on trade issues and negotiations
3 The E.U.’s trade policy system
3.1 The E.U.’s system
3.2 The E.U.’s background and institutions
3.3 How players influence trade policy in the European Union
3.4 The European perspective on trade issues and negotiations
4 BRICS Part 1: The Brazilian trade policy system
4.1 The Brazilian trade policy system
4.2 How players influence the trade policy formulation in Brazil
4.3 Brazil’s perspective on trade issues and negotiations
5 BRICS Part 2: The Chinese trade policy system
5.1 The Chinese trade policy system
5.2 How players influence trade policy in China
5.3 China’s perspective on trade issues and negotiations
6 BRICS Part 3: The Indian trade policy system
6.1 The Indian trade policy system
6.2 How players influence trade policy in India
6.3 India’s perspective on trade issues and negotiations
7 BRICS Part 4: The Russian trade policy system
7.1 The Russian trade policy system
7.2 How to influence trade policy in Russia
7.3 Russia’s perspective on trade issues and negotiations
8 BRICS Part 5: The South African trade policy system
8.1 The South African trade policy system
8.2 How to influence policy in South Africa
8.3 South Africa’s perspective on trade issues and negotiations
9 The trade policy system in other selected countries
9.1 The Mexican trade policy system
9.2 The Canadian trade policy system
9.3 The Australian trade policy system
SECTION II Trade policy tools
10 Market access
10.1 Tariffs
10.2 Customs procedures
10.3 Trade facilitation
10.4 Tariff preference programs
11 Trade remedies
11.1 Safeguards
11.2 Antidumping duties
11.3 Subsidies and countervailing measures
12 Currency manipulation and trade
12.1 Introduction
12.2 The economics of currency manipulation
12.3 The legal effects of currency manipulation
12.4 How to deal with the issue of currency misalignments
13 Regulatory measures
13.1 Introduction
13.2 Sanitary and phytosanitary measures
13.3 Technical barriers to trade
13.4 Private standards
13.5 Rules of origin
14 Dispute settlement
14.1 Generalities of the Dispute Settlement Understanding
14.2 Stages of the dispute settlement process
14.3 The ups and downs of the DSU
14.4 The settlement of disputes under PTAs
15 Trade agreements
15.1 Why do countries seek trade agreements?
15.2 International trade agreements
15.3 The debate of regionalism vs. multilateralism
16 Advanced analysis of international trade agreements
16.1 Basics of negotiation
16.2 The GATT and WTO rounds of negotiation
SECTION III GATS and TRIPS agreements
17 General Agreement on Trade and Services (GATS)
17.1 Introduction
17.2 GATS overview
17.3 Other agreements on trade in services
17.4 Case law on trade in services
18 The TRIPS agreement
18.1 Introduction
18.2 TRIPS overview
SECTION IV Trade policy simulations
19 Simulation exercise: trade policy decision-making process
19.1 Preparation
19.2 First session (three hours)
19.3 Second session (three hours)
20 Simulation exercise: bilateral trade agreement negotiations
20.1 Preparation
20.2 First session (three hours)
20.3 Second session (three hours)
21 Simulation exercise: plurilateral trade agreement negotiations
21.1 Preparation
21.2 First session (three hours)
21.3 Second session (three hours)
22 Simulation exercise: multilateral trade agreement negotiations
22.1 Preparation
22.2 First session (three hours)
22.3 Second session (three hours)
Epilogue: Trade under attack
References
Index