UNU/IC - Spring 1999
1 February - 12 March 1999
Tokyo, Japan

International Trade and Dispute Settlement

I. Purpose and Content of the Course:

The purpose of this course is to acquaint people with political, economic and legal aspects of international trade in bilateral and multilateral settings and to help them analyze trade issues and trade agreements in an objective perspective.

This course first will review the history and political economy of multilateral trade negotiations and GATT (General Agreement on Tariffs and Trade) and WTO (World Trade Organization), as well as major bilateral trade negotiations and agreements, including those between the United States and Japan. We will then analyze the on-going debates on free trade, fair trade, and cultural/structural trade barriers, as well as WTO and alternative dispute settlement mechanisms, with a view to better understanding rule-oriented settlement of trade disputes in general.

II. Lecturers:

Lecturers for this course will include:

Professor Hideo Sato, Senior Adviser to the Rector, the United Nations University;

Professor I. M. Destler of the University of Maryland;

Dr. Gary Sampson of the World Trade Organization;

Professor Finn Laursen of the University of Southern Denmark; and

Professor Mitsuo Matsushita of Seikei University.

III. Course Outline with Readings:

Week 1:. The Political Economy of International Trade (Prof. Hideo Sato)

• An Overview
• The State and the Market
• Theoretical and Historical Origins of Trade Issues
• International Politics of Trade

Recommended Readings:

• Bruce E. Moon, Dilemmas of International Trade
• Robert Gilpin, The Political Economy of International Relations
• Susan Strange, The State and the Market
• Robert O. Keohane, After Hegemony: Cooperation and Discard in the World Economy
• Richard Rosecrance, The Rise of the Trading State
• Walter Adams et al., Tariffs, Quotas, and Trade: The Politics of Protectionism

Week 2:. EC/EU Trade Policy (Prof. Finn Laursen)

• EC/EU Trade Policy: Treaties and Decision-making
• Internal Trade
• External Trade
• Cases of Bilateral Relations

Recommended Readings:

• R. Achara, Making Trade Policy in the EU
• David R. Cameron, "The 1992 Initiative: Causes and Consequences" in Alberta M. Sbragia (ed.), Euro-Politics: Institutions and Policymaking in the "New" European Community

• H. Paemen and A. Bensch, From the GATT to the WTO: The European Community in the Uruguay Round

• Ross B. Talbot, The Chicken War
• Commission of the EU, Director-General for Economic and Financial Affairs, "The European Union as a World Trade Partner", European Economy, No.3
• C. Piening, Global Europe: The European Union in World Affairs

Week 3:. Regionalism and Trade Regimes (Prof. Finn Laursen)

• Open or Closed Regionalism?

• European Integration
• The Americas: NAFTA and MERCOSUR
• Asia-Pacific: APEC and ASEAN Free Trade Area (AFTA)

Recommended Readings:

• Vinod K. Aggarwal and Charles E. Morrison (eds.), Asia-Pacific Crossroads: Regime Creation and the Future of APEC
• Kym Anderson and Richard Blackharst (eds.), Regional Integration and the Global Trading System
• Sven Arndt and Chris Milner, The World Economy: Global Trade Policy 1997, Chaps. 3-6
• J. Bhagwati, "Preferential Trade Agreements: the Wrong Road", Law and Policy in International Relations
• Miles Khaler, Regional Futures and Transatlantic Relations
• Robert Lawrence, Regionalism, Multilateralism, and Deeper Integration
• Leah A. Haus, Globalizing the GATT
• Finn Laursen, "European Integration and Trade Regimes: From the European Economic Area to the ‘Europe’ Agreements", in M.O. Hosli and A. Saether, eds., Free Trade Agreements and Customs Unions
• WTO, Regionalism and the World Trading System

Week 4:. U.S. Trade Policy (Prof. I.M. Destler)

• U.S. Trade Policy
• Major Bilateral Trade Negotiations
• Japanese Trade Policy
• New Policy and Political Challenges: Labor, the Environment, and "Globalization"

Recommended Readings:

• I. M. Destler, American Trade Politics

• Susan Ariel Aaronson, Trade and the American Dream

• Geza Feketekuty with Bruce Stokes (eds.), Trade Strategies for a New Era
• C. Fred Bergsten and Marcus Norland, Reconcilable Differences? United States-Japan Economic Conflict
• I. M. Destler, Haruhiro Fukui, and Hideo Sato, The Textile Wrangle

Week 5:. WTO and Trade Dispute Settlement (Prof. Mitsuo Matsushita)

• The WTO Dispute Settlement System
• Important Recent Cases of Trade Disputes before the WTO

Recommended Readings:

• Wendy Dobson and Hideo Sato, Managing US-Japanese Trade Disputes: Are There Better Ways?
• A.H. Qureshi, The World Trade Organization Implementing International Trade Norms
• E.-U. Petersmann, The GATT/WTO Dispute Settlement System: International Law, International Organizations and Dispute Settlement
• Susan Aarson, "The WTO: We’ve Been There Before", Journal of Commerce
• Judith H. Bello and Alan H. Holmer, "Dispute Resolution in the New World Trade Organization Concerns and Net Benefits", International Lawyer

Week 6:. The Rule-based Multilateral Trading System (Dr. Gary Sampson)

• An Overview
• The WTO and its Rules
• Multilateral Trade: Decision-Making and Negotiations
• Future Prospects

Recommended Readings:

• The WTO Secretariat, Trading Into the Future: An Introduction to the WTO
• Bernard Hoekman and Michel Kostecki, The Political Economy of the World Trading System
• John Jackson, The World Trading System: Law and Policy of International Economic Relations

IV. Bibliography:

Susan Ariel Aarson, Trade and the American Dream, The University of Kentucky Press, 1996

Susan Ariel Aarson, "The WTO: We’ve Been There Before", Journal of Commerce, June 17 1994

R. Achara, Making Trade Policy in the EU, The Royal Institute of International Affairs, London, 1996

Walter Adams et al., Tariffs, quotas, and Trade: The Politics of Protectionism, Institute of Contemporary Studies, 1972

Vinod K. Aggarwal and Charles E. Morrison (eds.), Asia-Pacific Crossroads: Regime Creation and the Future of APEC, St Martin’s Press, 1998

 

Kym Anderson and Richard Blackharst (eds.), Regional Integration and the Global Trading System, St. Martin’s Press, 1993

Sven Arndt and Chris Milner, The World Economy: Global Trade Policy 1997, Blackwell, 1998

David B. Audretsch, The Market and the State: Government Policy Toward Business in Europe, Japan, and the United States, New York University Press, 1989

Judith H. Bello and Alan F. Holmer, "Dispute Resolution in the World Trade Organization and Net Benefits", International Lawyer 28, 1994

C. Fred Bergsten and Marcus Norland, Reconcilable Differences? United States-Japan Economic Conflict, Institute for International Economics, 1993

J. Bhagwati, "Preferential Trade Agreements: The Wrong Road", Law and Policy in International Relations 27, 4 (Summer)

David R. Cameron, "The 1992 Initiative: Causes and Consequences" in Alberta M. Sbragia (ed.), Euro-Politics: Institutions and Policymaking in the ‘New’ European Community, Brookings, 1992

I. M. Destler, American Trade Politics, Institute of International Economics.

I. M. Destler, Haruhiro Fukui and Hideo Sato, The Textile Wrangle, Cornell University Press, l979.

Wendy Dobson and Hideo Sato, Managing US-Japanese Trade Disputes: Are There Better Ways?, Institute of Trade Policy and Law, Carlton University, Canada, 1995.

Geza Feketekuty with Bruce Stoke (eds.), Trade Strategies for a New Era, Council on Foreign Relations, 1998

Robert Gilpin, The Political Economy of International Relations, Princeton University Press, 1987

B. M. Hackman and M. M. Kostecki, The Politicial Economy of the World Trading System: From GATT to WTO, Oxford University Press, 1995.

Leah A. Haus, Globalizing the GATT, Brookings, l992.

Bernard Hoekman and Michel Kostecki, The Political Economy of the World Trading System, Oxford University Press, 1995

John H. Jackson, The World Trading System: Law and Policy of International Economic Relations, MIT Press, 1997

Robert O. Keohane, After Hegemony: Cooperation and Discard in the World Political Economy, Princeton University Press, 1984

Miles Khaler, Regional Futures and Transatlantic Relations, European Community Studies Association and Council on Foreign Relations Press, 1995

Charles Kindlekerger, The World in Depression 1929-1939, University of California Press, 1973

David A. Lake, Power, Protection and Free Trade, Cornell University Press, 1988

Finn Laursen, "European Integration and Trade Regimes: From the European Economic Area to the ‘Europe’ Agreements", in M.O. Hosli and A. Saether, eds., Free Trade Agreements and Customs Unions, The European Institute of Public Administration, 1997

Robert Lawrence, Regionalism, Multilateralism, and Deeper Integration, The Brookings Institution, 1996

Bruce E. Moon, Dilemmas of International Trade, Westview Press, 1996

Mancur Olson, Jr., The Logic of Collective Action, MIT Press, 1965

H. Paemen and A. Bensch, From the GATT to the WTO: The European Community in the Uruguay Round, Leuven University Press, 1995

Garner Patterson, Discrimination in International Trade: The Policy Issues 1945-1965,

E.-U. Petersmann, The GATT/WTO Dispute Settlement System: International Law, International Organizations and Dispute Settlement, Kluwer Law International, 1997

C. Piening, Global Europe: the European Union in World Affairs, Lynne Rienner, 1997

A. H. Qureshi, The World Trade Organization: Implementing International Trade Norms, Manchester University Press, 1996.

Ed Robertson, East Asian Trade After the Uruguay Round, Cambridge University Press, 1997.

Richard Rosecrance, The Rise of the Trading State: Commerce and Conquest in the Modern World, Basic Books, Inc., 1986

Ross B. Talbot, The Chicken War, Iowa State University Press, l978.

Gilbert Winham, International Trade and the Tokyo Round Negotiation, Princeton University Press, l986.

Market Access After the Uruguay Round: Investment, Competition and Technology Perspective, OECD

World Trade Organization, Trading Into the Future: An Introduction to the WTO, July 1998

World Trade Organization Annual Reports

World Trade Organization, Regionalism and the World Trading System, April 1995

The above is an umbrella syllabus, and each lecturer will assign additional reading materials.

| IC Home | UNU Home |