INTERNATIONAL ECONOMIC LAW (DISS252) Venue: Korea University, International Studies Hall, Room 411 Course Period: Spring Semester 2016, Tuesday (5) & Thursday (5) Lecturer: Nany Hur (PhD) Email: nanyhur@hanmail.net Course Description This course is to explore the overall legal frame work of international trade and investment. The focus is on the understanding of international legal rights and obligations of international treaties, especially regarding trade in goods. Mainly the provisions of the WTO agreements including GATT 1994 will be discussed. Also, the basic of international law and international economic law, the historical background and the structure of the WTO, issues related with trade remedies will be partly discussed together. Reading Materials Peter Van den Bossche & Werner Zdouc, The Law and Policy of the World Trade Organization, 3rd Edition, (Cambridge University Press, 2013) WTO Legal Texts (available online: https://www.wto.org/english/docs_e/legal_e/legal_e.htm) WTO case materials (panel and Appellate Body reports) (available online: https://www.wto.org/english/tratop_e/dispu_e/dispu_e.htm) WTO case summaries (available online: http://www.worldtradelaw.net/) “DSCs for Panel and AB Reports” (access through the KU library website) If you need more references to understand the lecture, please ask for my recommendation. Evaluation Criteria Student’s participation in class (including attendance): 10% Group Presentation: 20% Midterm Exam: 30% Final Exam: 40% The specific format of the presentation and exams will be decided after the first meeting of the class. 1 Weekly Schedule (flexible) No Date Subject Activities Related reading assignments 1 3/3 Introduction to the Course Lecture No reading assignment 2 3/8-10 Introduction to the International Economic Law Lecture No reading assignment 3 3/15-17 Overview of International Trade and the Law of the WTO Lecture 4 3/22-24 WTO Dispute settlement and the decisions of the DSB Lecture Reduction of Tariff and Non-tariff Barriers Lecture 5 3/29-31 Bossche & Zdouc pp. 1-72 / 74-104 WTO official website: “What is the WTO?” https://www.wto.org/english/thewto_e/whatis_e/tif_e/fact1_e.htm Bossche & Zdouc pp.157-160 / 179-250 WTO official website: “Settling Disputes: A Unique Contribution” https://www.wto.org/english/thewto_e/whatis_e/tif_e/disp1_e.htm WTO official website: “Settling Disputes: Panel Process” https://www.wto.org/english/thewto_e/whatis_e/tif_e/disp2_e.htm GATT and DSU legal text 6 7 4/5-7 4/12-14 Non-Discrimination Principle: Most-favoured-nation treatment, National treatment Lecture General and Security Exceptions Lecture 8 4/19-21 Midterm Exam 9 4/26-28 Economic Emergency Exceptions: Safeguard Measures and Balance-of Payment Lecture 2 Bossche & Zdouc pp.418-477 / 479-513 GATT legal text Bossche & Zdouc pp. 315-335 / 349-403 GATT legal text Bossche & Zdouc pp. 543-582 / 595-599 GATT legal text Bossche & Zdouc pp. 606-645 GATT and Agreement on Safeguards legal texts Measures 10 5/3 Regional Trade Exceptions Lecture 11 12 5/10-12 5/17-19 Presentations on the related WTO cases Trade Remedies: Issues of Dumping Group Presentations Lecture 13 5/24-26 Trade Remedies: Issues of Subsidies Lecture 14 5/31-6/2 Technical Barriers to Trade (TBT) and Sanitary and Phytosanitary Measures (SPS) Lecture Lecture 15 6/7-9 Review and Brief introduction to the other areas of International Economic Law: Trade in services, Intellectual Property and Investment) 16 6/14-16 Final Exam 3 Bossche & Zdouc pp. 648-664 GATT legal text Korea-US FTA, Korea-EU FTA, TPP texts WTO Panel and AB Reports WTO case summaries Bossche & Zdouc pp. 673-742 GATT and Agreement on Anti-dumping (Agreement on Implementation of Article VI of GATT) legal texts Bossche & Zdouc pp. 744-833 GATT and Agreement on Subsidies and Countervailing Measures legal texts Bossche & Zdouc pp. 850-950 TBT and SPS Agreements legal texts No reading assignment