International Trade and Economic Negotiation
IRP/PPA 715-2
Maxwell School of Citizenship and Public Affairs
Syracuse University
Fall Term, Academic Year 2011
Dr. Bart S. Fisher
Tel: 202 659 2979
Email: Bart_fisher2002@yahoo.com
Paul J. Fekete
Tel: 202-686-1759
Email: pfekete@verizon.net
International Trade and Economic Negotiation Course Outline
The purpose of the course is to explore the challenges confronting international trade policy and current
negotiations designed to address these challenges.
The methodology will be inter-disciplinary, including political, economic, and legal analysis.
The basic textbook will be Bart S. Fisher and Michael P. Malloy, International Trade and Investment. The
textbook will be provided as part of the Course Materials for the students in this class. There will be a
materials charge of $40 per student. All of the documents required for the course will be handed out as
Course Materials to the students in the class, or available online. There will be no other required
purchases of books or other materials by students in the class.
Additional readings for the course are described below.
The student agency report and some possible paper topics are also suggested below.
This is a one-semester course, with one grade given at the end of the semester. The grade will consist of
two elements, each equally weighted.
1.
Class Participation. Attendance, punctuality, and the degree of informed class participation are
included. Please give notice if you will be unable to attend a particular class session.
2.
Work Products. This part of the grade will include preparation of an agency report, a paper for
the course, or other “role playing” assignments provided to students in the class. There will be no final
examination at the end of the course..
REGULATORY FRAMEWORK ASSIGNMENT
This assignment is designed to provide a practical roadmap to the agencies that regulate international
trade in goods, services and capital.
Each report should describe the regulatory functions and roles played by the assigned department,
agency, or institution. This description should fall into two parts—the assigned role designated by
statute, or charter, and the powers actually exercised by the office/agency in practice. Emphasis should
be given to changes in role or policy in recent years, or over time.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
European Union (EU) Commission
North American Free Trade Agreement (NAFTA)
World Intellectual Property Organization (WIPO)
Organization for Economic Cooperation and Development (OECD)
International Finance Corporation (IFC)
International Bank for Reconstruction and Development (EBRD)
Inter-American Development Bank
International Monetary Fund (IMF)
World Trade Organization (WTO)
World Customs Organization (WCO)
African Union (AU)
APEC
ASEAN
East African Community (EAC)
POSSIBLE PAPER TOPICS
1.
Alleged currency manipulation by the People’s Republic of China (PRC); are new international
trade rules needed to regulate currency levels?
2.
Should the United States permit purchases of its companies such as Unocal and Maytag by PRC
entities: activities of CIFIUS and regulation of foreign investment in the United States
3.
The role of electronic commerce in international trade
4.
The Airbus dispute with the European Union: the issue of subsidies in international trade
5.
The relationship between international trade and peaceful relationships
6.
The role of states (e.g., California or Virginia) in promoting international trade, investment, and
local economic development
7.
Countering OPEC: what is to be done?
8.
Convention on International Trade in Endangered Species (CITES)
9.
Basel Convention on Trans-Border Transportation of Hazardous Wastes
10.
The relationship between the U.S. budget deficit and the U.S. trade deficit
11.
How should the United States tax multinational enterprises?
12.
Prospects for CAFTA-DR
13.
Is NAFTA working?
14.
The technology factor in international commerce: is the United States losing its scientific and
technological edge in areas such as biotechnology and nanotechnology?
15.
Implications of the end of textile quotas under the MFA
16.
Outsourcing: implications for U.S. employment
17.
What should be the U.S. policy on immigration?
18.
The case of Yahoo in China: privacy concerns, human rights, and the possible extraterritorial
application and effect of U.S. laws
19.
The global quest for energy supplies: the case of China and Japan contesting the East China Sea
for exploration purposes
20.
Should China be considered as a market economy for purposes of the Antidumping Law of the
United States?
21.
Accession of Russia to the World Trade Organization
22.
Free trade in the Middle East
23.
Role of Wal Mart in international trade
24.
U.S. policy towards international commodity agreements
25.
WTO Dispute Resolution: is it working? For whom?
26.
Transnational Corporate Figures: The Case of Rupert Murdoch
27.
Surfing the Internet: The Development of International Electronic Commerce and its
International Regulatory Aspects
28.
Relationship between use of grains as food and/or fuel.
29.
What’s at stake with the Doha Round of multilateral trade negotiations?
30.
Potential impact of Free Trade Agreements with Panama, Colombia, and/or Korea
31.
Economic stimulus policy in China and its impact on international trade in goods, services, and
capital
32.
The economic meltdown in Iceland
33.
The impact of the global recession on international trade
34.
Efficacy of economic sanctions on Iran, North Korea, Cuba
REQUIRED AND RECOMMENDED READING
Asterisk (*) denotes required reading for the course. Other materials are recommended readings but
not required reading for the course.
First Class—FEKETE/FISHER—September 7, 2011
Introduction: The Context of International Trade Policy
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*Materials on Globalization provided to the class
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Taleb, Nassim Nicholas, The Black Swan: The Impact of the Highly Improbable, Random House,
2007.
*Fisher and Malloy, Chapter I
•
*Bergsten, C. Fred, The United States and the World Economy, Chapter 1. Institute for
International Economics, 2005.
•
Pearson, Charles, United States Trade Policy: A Work in Progress, Chapter 1., “An Overview”
•
Prestowitz, Clyde, Three Billion New Capitalists: The Great Shift of Wealth and Power to the the
East, Basic Books, 2005
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Yergin, Daniel, The Commanding Heights: The Battle for the World Economy, Touchstone, 1998.
•
Bhagwati, Jagdish, In Defense of Globalization, Oxford University Press, 2004.
WTO: Economic Underpinnings: http://www.swisslearn.org/wto/module4/e/start.htm
Review The Impact of Tariffs on National Welfare at:
http://polaris.umuc.edu/%7Epfekete/IMAN625/TariffGraph/sld001.htm
Second Class—FEKETE—September 14, 2011
The Institutional Framework for American Trade Policy
Each person shall deliver an oral report to the class of no longer than 5 minutes on the agency assigned.
In addition, an outline of the report (no longer than 2 pages) should be prepared for distribution to the
class. Both time and page length requirements will be strictly enforced, to encourage students to
present their ideas in a succinct manner.
1.
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3.
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5.
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15.
16.
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Office of the United States Trade Representative
Department of Agriculture
Department of Commerce
Department of State
Department of Homeland Security
International Trade Commission
Department of the Treasury
Overseas Private Investment Corporation
Export Import Bank of the United States
House Ways and Means Committee
Senate Finance Committee
National Security Council
US Court of International Trade
*Fisher and Malloy, Chapter III, “Regulation of International Trade: The Institutions”
•
Destler, I.M,, American Trade Politics, 4th Edition, Institute for International Economics, 2005,
Chapters 1 through 5.
Third Class—FISHER—September 21
The Competitiveness Challenge: Trade in Fairly Priced Goods Herein of the cases of automobiles and
textiles
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*Materials on Obama Administration Trade Policy provided to the class
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*Fisher and Malloy, Chapter IV, “Relief from Fairly Priced Foreign Competition”
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*Gilboy, George, “The Myth Behind China’s Miracle,” Foreign Affairs, July/August 2004
Pearson, Charles, Chapter 3, “Flirting with Managed Trade”
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*Lardy, Nicholas, Integrating China into the Global Economy, Brookings, 2002 (1604 .L275 2002)
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Lardy, Nicholas, China’s Unfinished Economic Revolution, Brookings, 1998.
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Lardy, Nicholas, “China: The Great New Economic Challenge?” Chapter 4 in Bergsten, C. Fred,
The United States and the World Economy.
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Navarro, Peter, The Coming China Wars: Where They Will Be Fought and How They Will Be Won,
Financial Times/Prentice Hall, 2006.
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*Navarro, Peter, China Price Project - click here.
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Fishman, Ted C., China, Inc.: How the Rise of the Next Superpower
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*Hufbauer, Gary C., Wong, Y., and Sheth, K., U.S.-China Trade Disputes: Rising Tide, Rising
Stakes, Institute for International Economics, 2006.
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Challenges America and the World, Scribner, 2005.
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Groombridge, Mark A., and Barfield, Claude E., Tiger by the Tail: China and the World Trade
Organization, The AEI Press, 1999.
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*Section 201 of the Trade Act of 1974, as amended, Bhala, pp. 1304-1325.
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Rogers, Jim, A Bull in China: Investing Profitably in the World's Greatest Market. Random House,
2007.
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Zeng, Ming and Williamson, Peter J., Dragons at Your Door: How Chinese Cost Innovation Is
Disrupting Global Competition. Harvard Business School, 2007.
Fourth Class--FISHER—September 28, 2011
The Competitiveness Challenge: Trade in Services and the Debate Over Outsourcing and Offshoring
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Nath, Kamal, India’s Century, McGraw Hill, 2008.
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*Friedman, Thomas L., The World Is Flat: A Brief History of the Twenty-First Century, Farrar,
Straus and Giroux, 2005
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*Mann, Catherine L., “Offshore Outsourcing and the Globalization of US Services: Why Now,
How Important, and What Policy Implications,” Chapter 9 in Bergsten, C. Fred, The United States and the
World Economy.
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Raj, Vinay. Think India: The Rise of the World's Next Superpower and What It Means for Every
American. Dutton, 2007.
Fifth Class—FEKETE—October 5, 2011
The Challenge of Competing Against Unfairly Priced Goods

Committee on Ways and Means, U.S. House of Representatives, Overview and Compilation of
U.S. Trade Statutes, Part I of II., 2005 edition, 109th Congress, 1st session, WMCP 109-4 [available
online at http://www.gpoaccess.gov/wmprints/109-4/109-4.pdf pp. 96-120; 134-140; 184-186
Herein of the case of steel
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*Fisher and Malloy, Chapter V, Antidumping Duties
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Destler, Chapter 6, “Changing the Rules: The Rise of Administrative Trade Remedies”
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*Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade
1994 (“Antidumping” Agreement, Bhala, pp. 392-419.
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Irwin, Douglas, Free Trade Under Fire, Princeton University Presss, 2005.
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B. Bhattarcharyya, The Indian Shrimp Industry Organizes to Fight the Threat of Anti-Dumping
Duties, - click here.
Sixth Class—FISHER—October 12, 2011
The Challenge of Subsidies in International Trade
Herein of the cases of agriculture (U.S. and Europe) and currency manipulation (China)
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*Fisher and Malloy, Chapter VI, Subsidies and Countervailing Duties
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Daniel Griswold, Grain Drain, The Hidden Cost of U.S. Rice Subsidies, Cato Institute, November
16, 2006 - click here.
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WTO Decision on United States Subsidies on Upland Cotton, Report of the Appellate Body, WT
DS 267/AB/R, March 3, 2005
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Robert Samuelson, "The Airbus Showdown," December 8, 2004 - click here.
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Irwin, Douglas A., and Nina Pavcnik (2004). "Airbus versus Boeing Revisited: International
Competition in the Aircraft Market." Journal of International Economics 64 (2): 223-245. - click here.
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*Agreement on Subsidies and Countervailing Measures (“SCM Agreement”), Bhala, pp. 473-521.
Seventh Class —FISHER—October 19, 2011
The Energy Challenge
OPEC: What Response
Alternative Fuels: what are the prospects
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*Friedman, Thomas L., Hot, Flat, and Crowded, Why We Need a Green Revolution - and How It
Can Renew America. Farrar, Straus and Giroux, 2008.
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*Materials on Cap and Trade provided to the class
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*Philip K. Verleger, Jr., “Energy: A Gathering Storm?” Chapter 7 in Bergsten, Fred C., The United
States and the World Economy
Eighth Class—FEKETE—October 26, 2011
The Development Challenge: International Trade
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http://www.wto.org/english/tratop_e/devel_e/a4t_e/aid4trade_e.htm
http://www.wto.org/english/tratop_e/devel_e/a4t_e/a4t_factsheet_e.htm
http://www.wto.org/english/tratop_e/devel_e/a4t_e/what_why_how_e.pps
Relationship between trade and international violence
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*Fisher and Malloy, Chapter X, Trade and Developing Nations
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*Pearson, Charles, United States Trade Policy: A Work in Progrress, Chapter 6, “The Allure of
Preferential Trade”
Ninth Class-FEKETE—November 2, 2011
The Challenge of Multilateral Trade Negotiations: Will the Doha Round Succeed?
Basic principles of the WTO system,
To the heart of the WTO
From GATT to WTO
(3 videos found at http://www.wto.org/english/res_e/webcas_e/webcas_e.htm)
Each person shall deliver an oral report to the class of no longer than 10 minutes on the WTO
Agreement assigned. In addition, an outline of the report (no longer than 2 pages) should be prepared
for distribution to the class. Both time and page length requirements will be strictly enforced, to
encourage students to present their ideas in a succinct manner. Students should attempt to discuss the
following issues: 1) what does the agreement do? 2) why was the agreement necessary? 3) what is the
importance of the agreement to the trading system? 4) what is the impact of the agreement on developed
versus developing countries
1.
2.
3.
4.
5.
6.
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8.
9.
10.
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12.
13.
14.
15.
Agreement establishing the World Trade Organization
Agreement on Agriculture
Agreement on the Application of Sanitary and Phytosanitary Measures
Agreement on Textile and Clothing
Agreement on Technical Barriers to Trade
Agreement on Trade-Related Investment Measures
Agreement on Implementation of Article VI of GATT 1994 (Antidumping Code)
Agreement on Implementation of Article VII of GATT 1994 (Customs Valuation)
Agreement on Pre-shipment Inspection
Agreement on Rules of Origin
Agreement on Import Licensing Procedures
Agreement on Subsidies and Countervailing Measures
Agreement on Safeguards
General Agreement on Trade in Services (GATS)
Agreement on Trade-Related Aspects of Intellectual Property Rights, Including Trade in
Counterfeit Goods
16. Understanding on Rules and Procedures Governing the Settlement of Disputes
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Malawer, Stuart, WTO Law, Litigation & Policy - Sourcebook of Internet Documents. Wm. S. Hein
& Co.,, 2007.
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The WTO in Brief: http://www.wto.org/english/thewto_e/whatis_e/inbrief_e/inbr00_e.htm
Tenth Class—FEKETE—November 9, 2011
The Challenge of Regional Economic Integration
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http://wto.org/english/tratop_e/region_e/region_e.htm
NAFTA
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http://www.ustr.gov/trade-agreements/free-trade-agreements/north-american-free-tradeagreement-nafta
http://export.gov/FTA/nafta/index.asp
AFRICA
East African Commission
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http://www.eac.int/home.html
http://www.africa-union.org/root/au/recs/eac.htm
Eleventh Class—FISHER—Novmember 16, 2011
The Challenge to American Intellectual Property in the World Marketplace
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*Fisher and Malloy, Chapter XIII, The Territorial Structure of Intellectual Property Rights
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*Fisher and Malloy, Chapter XIV, The International Licensing of Technology and Associated
Antitrust Issues
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*Agreeement on Trade Related Intellectual Property, WTO, 1994, Bhala, pp. 567-602
Twelfth Class—FEKETE—November 30, 2011
Trade Sanctions and Export Controls

Committee on Ways and Means, U.S. House of Representatives, Overview and Compilation of
U.S. Trade Statutes, Part I of II., 2005 edition, 109th Congress, 1st session, WMCP 109-4 [available
online at http://www.gpoaccess.gov/wmprints/109-4/109-4.pdf pp. 205-231



Foreign Government Practices Act (FCPA) Read
http://www.justice.gov/criminal/fraud/fcpa/
http://www.fcpaenforcement.com/explained/explained.asp

http://www.washingtonpost.com/business/economy/us-firms-say-costly-foreign-bribe-lawlacks-clarity/2011/07/05/gIQAB50jTI_story.html
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*Fisher and Malloy, Chapter XII, The Use of Trade Controls for Political Purposes
Thirteenth Class—FISHER—December 7, 2011
The International Financial Architecture
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*Morris Goldstein, “The International Financial Architecture,” Chapter 12 in Bergsten, C. Fred,
The United States and the World Economy
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*Stiglitz, Joseph, Globalization and Its Discontents, 2002.
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Bergsten, C. Fred and Williamson, John, eds., Dollar Overvaluation and the World Economy,
Institute for International Economics, 2003.
Class Materials
Part 1 - Regulation of International Trade
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Chapter 1 - Introduction (PDF) 36 Pages
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Chapter 2 - The Law of International Trade and Investment - (PDF) 69 pages
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Chapter 3 - Regulation of International Trade: The Institutions - (PDF) 120 pages
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Chapter 4 - Relief from Fairly Priced Foreign Competition - (PDF) 114 pages
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Chapter 5 - Antidumping Duties - (PDF) 64 pages
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Chapter 6 - Subsidies and Countervailing Duties - (PDF) 60 pages
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Chapter 9 - Dispute Resolution and Enforcement - (PDF) 166 pages
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Chapter 13 - The Use of Trade Controls for Political Purposes - (PDF) 54 pages
Part 2 - Technology in International Commerce
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Chapter 15 - The Territorial Structure of Intellectual Property Rights - (PDF) 62 pages
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Chapter 16 - The International Licensing of Technology and Associated Antitrust Issues - (PDF) 46
pages
Part 3 - Regulating International Investment
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Chapter 17 - Capital Transfers - (PDF) 65 pages
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Chapter 18 - Investor Nation Regulation of Portfolio Investment- (PDF) 72 pages
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Chapter 19 - Regulating the Multinational - (PDF) 102 pages
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Chapter 20 - Investment Disputes - (PDF) 63 pages
Supplementary Online Resources
(Links will open in a new browser window. Close window to return to this page.)
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http://www.worldtradelaw.net
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http://www.global-trade-law.com
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http://www.internationaltraderelations.com
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http://www.law.georgetown.edu/iiel/