ECN 330  ·  Trade Policy Analysis of Regional Economic Integration and Multilateral Trade Liberalization

  

           Course description and general information:

                        Course description [kurs beskrivelse]         Lecture plan [kurs plan]

Session / date Description of lecture topics Outlines Reading assignment Overheads / assignments

 Module 1. Regional Economic Integration versus Trade Liberalization

1

04.09

Intro to course and course objectives

Section 1: Integration: convergence criteria; Section 2: Global integration - unilateral, bilateral and multilateral arrangements; Section 3: Regional integration

Module 1

 AFC: ch 17; 

SRP1: pages 1-3

Module slides
09.09

Lectures are not scheduled on these dates
11.09
2

16.09

Section 3: Regional integration, continued; Section 4: Creating the European Union - from customs union to product market integration; phases, guiding pricinciples and mechanisms, and emerging concepts for multilateral purposes

AFC: ch 17; H&K, ch 10;  RR: Pelkmans, ch 5-6; 

SRP1: pages 4-14

3

18.09

Section 5: Multilateral trade system - overview of the WTO, basic structure, principles, functions, the trading system and negotiation process

H&K: ch 1

SRP1: pages 14-16

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

4

23.09

Section 1: MA restrictions on goods; Section 2: Economics of MA restrictions; Section 3: Rules on exports

Module 2 H&K, ch 5-6; RR: Vousden, ch 2; SPR2: pages 1-8 Module slides - principles

5

25.09

 In-class presentation of module exercise: Problem set 1

Section 4: Economics of export restrictions; 5: Trade-related investment measures

 H&K, ch 5-6, 9;  RR: Vousden, ch 2 (2.2-.6),  ch 3 (3.1-,2); Skully; Knutsen Problem set 1

Answer sheet

6

30.09

Section 6: Agreement on Agriculture; Section 7: Agreements on Sanitary and Phytosanitary measures and Technical Barriers to Trade

H&K, ch 5; SRP2: pages 8-19

 Module slides - commitments

 Module 3. WTO Rules and Commitments on Trade in Goods: Analyzing Subsidies and Domestic Support                      
7

02.10

 Section 1: Subsidies and domestic support; Section 2: WTO rules governing subsidies and domestic support 

Module 3

 H&K, ch 5 (5.4); AFC, ch 13; SRP3: pages 1-5  ;                  RR: WTO-subsidy   Module slides - analysis

 
8

07.10

 Section 3: Econoimcs of subsidies and domestic support; Section 4: Agreement on Agriculture (AoA) and country-specific commitments; green box, amber box and blue box subsidies RR: Vousden, ch 2 (2.5); Helmberger, ch 9-10;  SRP3: pages 1-8    Module slides - commitments
9

09.10

In-class presentation of module exercise: Problem set 2

Section 5: AonA - rules on export subsidies and country-specific commitments; Section 6: Risk and uncertainty - NTCs and multifunctionality

RR: Vousden, ch 2 (2.5); Herman; Hardaker; SRP3: pages 8-10 Problem set 2

Answer sheet
 Module 4. Safeguards, Countervailing Measures, Anti-dumping and Multilateral Rules on Competition Policy
10

14.10

 Section 1: Safeguards and special safeguards and their use in the WTO; Section 2: Countervailing measures and their use; Section 3: Dumping and anti-dumping

Module 4

 H&K, ch 9, 13; SRP4: pages  
11

16.10

In-class presentation of module exercise: Problem set 3

Section 4: Competition policy under mulitlateral rules; Section 5: Imperfect competition (monopoly, state-trading enterprises) and trade; non-equivalence of tariffs and quotas under import monopoly

 

 H&K, ch 5 (5.5); RR: Vousden, ch5 Problem set 3

 

Module 5. Trade in Services: EU Integration and the WTO GATS; and Protection of Property Rights under the WTO (TRIPS)
12

21.10

 Section 1: International services economy; Section 2: Multilateral trade in services; Section 3: WTO GATS

Module 5

 H&K, ch 7; RR: Pelkman, ch 7-8; SRP5: pages  
13

20.10

 Section 4: Economics of liberalization of trade in services; Section 5: Trade-related aspects of intellectual properties in the WTO; Section 6: Economics of IP protection; Conclude course and schedule review session H&K, ch 8; SRP5  
Presentation of semester project Semester project
Review session - scheduled by arrangement