Week 19: Regional Integration
This course focuses on regional integration and the manner in which it is related to the disciplines of WTO law by adopting both an economic and a legal perspective. Lectures include surveys of major economic zones and approaches outside of Europe such as NAFTA, Mercosur and ASEAN. The role and effects of rules of origin will be discussed. On the economic side the course will cover the basic economics of preferential agreements including the political economy of why countries join RTAs, the core ideas of trade creation and trade diversion, and the impact on competition and growth.