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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Legal and Economic Principles of World Trade Law: Economics of Trade Agreements, Border Instruments, and National Treasures

Edited by: Henrik Horn, Petros C. Mavroidis

ISBN13: 9781107038615
Published: July 2013
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £70.00
Paperback edition , ISBN13 9781107459649

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The World Trade Organization (WTO) Agreement covers international commerce in goods and services including measures that directly affect trade, such as import tariffs and quotas, and almost any type of internal measure with an impact on trade.

Legal and Economic Principles of World Trade Law contributes to the analysis of the texts of World Trade Law in law and economics, reporting work done to identify improvements to the interpretation of the Agreement. It starts with background studies, the first summarizes The Genesis of the GATT, which highlights the negotiating history of the GATT 1947-1948; the second introduces the economics of trade agreements. These are followed by two main studies.

The first, authored by Bagwell, Staiger, and Sykes discusses legal and economic aspects of the GATT regulation of border policy instruments, such as import tariffs and import quotas. The second, written by Grossman, Horn, and Mavroidis, focuses on the core provision for the regulation of domestic policy instruments - the National Treatment principles in Art. III GATT.

International Trade, Law and Economics
1. The genesis of the GATT summary
2. Why the WTO? an introduction to the economics of trade agreements Gene M. Grossman and Henrik Horn
3. Border instruments Kyle Bagwell, Robert W. Staiger, and Alan O. Sykes
4. National treatment Gene M. Grossman, Henrik Horn, and Petros C. Mavroidis.