Learning Objectives
This chapter aims to help students understand:
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1.
The legal structure of the WTO Agreement compared with that of GATT;
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2.
The operating system of the WTO compared with other international organizations such as World Bank and International Monetary Fund;
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3.
The contractual nature of the WTO Agreements;
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4.
Distinguishing factors of the WTO system from the GATT system, from the viewpoints of a legal nature, multilateral agreements and single undertaking and dispute settlement system;
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5.
The main functions of the WTO Agreement, particularly in relation with the member countries;
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6.
The main principles of the multilateral trading system as embodied in the WTO Agreement.
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References
Books
Hudec R (1993) Enforcing international trade law: the evolution of the modern GATT legal system. Lexis Law Pub
Matsushita M, Schoenbaum T, Mavroidis P(2006) The world trade organization: law, practice, and policy, 2nd edn. Oxford University Press, Oxford
Articles
Adrian TL Chua (1998) Precedent and principles of WTO panel jurisprudence. Berkeley J Int’l L 16:175
August R, Mayer D, Bixby M (2009) International business law: text, cases, and readings, 5th edn. Pearson, Upper Saddle River
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Leebron DW (1995) An overview of the Uruguay round results, column. J Transnat’l L 34
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WTO Agreements
Agreement on the Application of Sanitary and Phytosanitary Measures, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 1B, Legal Instruments-Results of the Uruguay Round, 33 I.L.M. 1125, art. 15 (1994)
Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 1B, Legal Instruments-Results of the Uruguay Round, 33 I.L.M. 1125, art. 15 (1994).
Agreement on Safeguards, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 1B, Legal Instruments-Results of the Uruguay Round, 33 I.L.M. 1125, art. 15 (1994)
Agreement on Subsidies and Countervailing Measures, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 1B, Legal Instruments-Results of the Uruguay Round, 33 I.L.M. 1125, art. 15 (1994)
Agreement on Technical Barriers to Trade, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 1B, Legal Instruments-Results of the Uruguay Round, 33 I.L.M. 1125, art. 15 (1994)
Agreement on Trade-Related Aspects of Intellectual Property Rights, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 1B, Legal Instruments-Results of the Uruguay Round, 33 I.L.M. 1125 (1994).
Final Act Embodying the Results of the Uruguay Round of Multilateral Trade Negotiation, Apr. 15, 1994, 33. I.L.M. 1125 (1994).
General Agreement on Tariffs and Trade, Oct. 30, 1947, 61 Stat. A-11, 55 U.N.T.S. 194.
General Agreement on Trade in Services, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 1B, Legal Instruments-Results of the Uruguay Round, 33 I.L.M. 1125 (1994).
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© 2012 Springer-Verlag Berlin Heidelberg
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Lee, E.S. (2012). Outline of the WTO. In: World Trade Regulation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-31143-7_1
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DOI: https://doi.org/10.1007/978-3-642-31143-7_1
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