The Regulation of International Trade
The WTO Agreements on Trade in Goods
888 pp., 7 x 9 in, 10 figures, 15 tables
- Published: April 22, 2016
- Published: April 22, 2016
A detailed examination of WTO agreements regulating trade in goods, discussing legal context, policy background, economic rationale, and case law.
The General Agreement on Tariffs and Trade (GATT) has extended its institutional arsenal since the Kennedy round in the early 1960s. The current institutional design is the outcome of the Uruguay round and agreements reached in the ongoing Doha round (begun in 2001). One of the institutional outgrowths of GATT is the World Trade Organization (WT0), created in 1995. In this book, Petros Mavroidis offers a detailed examination of WTO agreements regulating trade in goods, discussing legal context, policy background, economic rationale, and case law.
Each chapter examines a given legal norm and its subsequent practice. In particular, he discusses agreements dealing with customs clearance; “contingent protection” instruments, which allow WTO members unilaterally to add to the negotiated amount of protection when a certain contingency (for example, dumping) has occurred; TBT (Technical Barriers to Trade) and SPS (Sanitary and Phyto-sanitary Measures) agreements, both of which deal with such domestic instruments as environmental, health policy, or consumer information; the agreement on Trade Related Investment Measures (TRIM); sector-specific agreements on agriculture and textiles; plurilateral agreements (binding a subset of WTO membership) on government procurement and civil aviation; and transparency in trade relations. This book's companion volume examines the GATT regime for international trade.
Petros Mavroidis is widely considered to be the most eminent of the scholars today on international trade law. These volumes show why.
Jagdish Bhagwati, University Professor, Columbia University; author of In Defense of Globalization
The Regulation of International Trade is a tour de force that comprehensively analyzes the complete range of WTO treaty rules and case law on an agreement-by-agreement basis, bringing to bear insightful and thorough legal and economic analysis. I would expect it to become the standard treatise on WTO law, an indispensable tool for students, legal practitioners, and trade negotiators.
William J. Davey, Guy Raymond Jones Chair Emeritus, University of Illinois College of Law
Petros Mavroidis is exceptional among GATT/WTO legal scholars for his extensive and highly original contributions with economists. Readers of these two volumes will enjoy the fruits of his unique talents.
André Sapir, University Professor, Université libre de Bruxelles, Belgium; former Economic Advisor to the President of the European Commission