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The book discusses some notable debates in the arena of international trade law and globalisation. It looks at the basic structure of the WTO, its function, and decision-making, and explores key economic and legal concepts underpinning the WTO, including Most-Favoured-Nation Treatment and National Treatment.
The need of the hour is to discuss tariff barriers and non-tariff barriers, as they assist in promoting economic development. Besides these, the WTO attempts to control illegal trade practices, including dumping and subsidies, which are also pertinent topics in the current climate.
The book examines many of these issues through exploring the jurisprudence and regulatory framework of WTO. It examines the existing WTO jurisprudence to reconcile trade liberalisation with other societal values and interests. Furthermore, it highlights the regulation of international trade in agricultural products. Overall, this book shows that international trade law of the WTO is not a self-contained discipline, but has clear connections with other social, economic, and environmental subjects.
The WTO interacts with these issues, and thus the book discusses, clarifies and identifies its relationship with human rights, intellectual property rights and the environment. It discusses the following topics in single chapters; Trade, Globalisation and Economic Policy; WTO and Environment; WTO and Human Rights; WTO and Regulation of International Trade in Agricultural Products; WTO and Developing Countries. The book provides a unique, interdisciplinary, and refreshing approach to the study of international trade law and the WTO.