ECN330 Economic Integration and Trade Liberalization

 Course description and lecture plan (autumn 2023):

Notes:  2023 exam solutions are uploaded

 

             Course description  [kursbeskrivelse]            Lecture plan and schedule [kursplan]

Session / date

Description of Lecture Topic

Lecture Outline

Reading Assignment

Handouts, Slides and

Exercises

Slides subject to last-minute changes

Module 1. Economic Integration (EU) and Multilateral Trade Liberalization (WTO)

1

 

06.09

Introduction to course and course objectives

Section 1: Integration and convergence criteria; Section 2: Unilateral, bilateral and multilateral arrangements; Section 3; regional economic integrations; Section 4 Creating the EU; Section 4: Creating the EU (economic freedoms)

Outline 1

AF, ch 17

SRP1

RR: Pelkmans, ch 5-6

Slides: Module-1

2

08.09

Section 5: Introduce the WTO

HK, ch 10; 1; 4

SRP1

Module 2. WTO Rules and Commitments on Trade in Goods: Analyzing MA Restrictions

2

08.09

Section 1: MA restrictions and WTO principles; Section 2: Economics of MA restrictions; theoretical consistency of WTO rules; Tariff-quota equivalence; Section 2: Article XX Exceptions;

Section 3: MA county-specific commitments

Outline 2

AF, ch. 13-14

 

SRP2

Slides: Module-2

 

3-panel-diagram (ES and ED derivation)

 

Trade policy review - imports

3

13.09

Exercise session: Tariff-quota (non)-equivalence, case of heterogeneous goods: Download exercise and work as a group to complete exercise 1; instructor available

RR: Vousden, ch 2 (2.2-.6); ch 3 (3.1-.2)

https://www.youtube.com/watch?v=XxgeloplEYo

Exercise 1

Set 1 Set 2 Set 3 Set 4

 

Tips for exercise 1

 

Section 3: Commitments – tariff profiles and TRQs; Section 4: GATT rules on export restrictions;

Outline 2

SRP2

 

AF, ch. 13-14

HK, ch 5-6, 9

 

 

Slides: Module-2

 

Trade policy review -exports

4

15.09

Section 5: Public Procurement; Section 6: Trade-related investment measures Section 7: SPS and TBT; Codex, CITES and SPS-TBT regs

 HK, ch 11 (Gov’t Procurement)

SRP2

HK, ch 5 (5.8-5.9)

5

 

20.09

Section 7: SPS and TBT continued (trade disputes); Section 8: Doha-Bali round negotiations; Section 9: conclusions

HK, ch 5-6, 9

SRP2

Module 3. WTO Rules and Commitments on TIG: Analyzing Subsidies and Support

5

Section 1: Subsidies and domestic support (DS); Section 2: Economics of subsidies, DS and ES

Outline 3

AF, ch. 13-14

HK, ch 5 (5.4)

RR: Sykes

Slides: Module 3

6

 

22.09

Section 3: Ag subsidies and DS – ag policy / programs; commitments; Aggregate Measure of Support (AMS); Section 4: Export subsidy usage and commitments; Section 5: Analyzing income and price supports; Section 6: Incompatibility and incoherence of WTO rules and theory

AF, ch. 13-14

HK, ch 5 (5.4)

RR: Sykes

RR: Knutson

SRP3

Slides: Module 3

7

27.09

Section 3: AMS; Section 7: Doha-Bali round negotiations; Section 8: Multi-functionality, non-trade concerns and ag risk; Section 9: Conclusions

RR: Helmberger

SRP3

Geopolitics and subsidies

7

27.09

Exercise session: Download exercise and work as a group to complete exercise 2; instructor available.

https://youtu.be/VKnleUedfCA

Exercise 2

 Module 4. Safeguards, Countervailing Measures, Anti-Dumping and Competition Rules

8

29.09

Section 1: Safeguards and Special safeguards; Countervailing measures; dumping/anti-dumping; Section 4: Competition policy under the WTO

Outline 4

HK, ch. 9, 13

 

SRP4

Slides: Module-4

9

04.10

Exercise session: Effects of a CVM

 

Exercise 3

 

Section 5: Economics of imperfect competition and trade; state-trading enterprises

SRP4

 

 

 

 

 

 

Module 5. Trade Rules on Services: EU and WTO; and WTO Rules on Intellectual Property

9

04.10

Section 1: International services economy; Section 2: Economics of services; Section 3: Multilateral rules on services

Outline 5

 

SRP5

 Slides: Module-5

 

 

10

 

16.10

Section 4: WTO TRIPs Agreement; Section 5. Case for IP protection

SRP5

Deadlines related to paper:

1.     1st draft submission, 10 Nov, 15.00

Send in draft via e-mail to me

2.     Group presentation, 17 Nov, 12.00-15.00

I will submit written comments on the draft

Presentation followed by informal defense

3.     Submit final draft, 24 Nov, 15.00

Submit electronically to me and on Wiseflow

4.     Oral exam,  01 Dec, sign up sheet will come as will details on external evaluator

Semester project requirements

01 Dec, 12.00-14.00, Final exam review

Exams:

Exams-2021-25

Exams-2015-19

Exams-2010-14