Business and technology qualifications, Levels 3-6, in Brussels. Explore qualifications
Portal login
Level 7 Diploma in International Business Law

Economic Foundations of Multilateral Trade and GATT Principles

IBL701 · International Trade Law — Week 1 of 16

CourseIBL701
Week1 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Economic Foundations of Multilateral Trade and GATT Principles

  1. Transition from GATT 1947 to modern trade order
  2. Economic rationale of comparative advantage
  3. Most-Favoured-Nation (MFN) principle
  4. National Treatment principle
  5. Lecture 45: WTO, GATT, Origin and Functions, MFN Principles, Agreements

What you will be able to do

  • 1.4 Analyse the economic bases of the rules and principles of the GATT.
  • 1.5 Critically analyse the workings of the WTO and predecessor agreements.

Activity

Start with this week’s video, then: Seminar, guided reading and a short written task: analyse the economic bases of the rules and principles of the GATT.

Study materials

Videos

  • The GATT/WTO at 60: Achievements and Challenges · YouTube · World Trade Organization · 12 min · for registered students

Further resources

  • The World Trade Organization: Theory and Practice · PDF · NBER, article · for registered students
  • Understanding the WTO (whole booklet) · PDF · Wto, guidance · for registered students
  • General Agreement on Tariffs and Trade 1947 (text) · PDF · Wto, legislation · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Economic Foundations of Multilateral Trade and GATT Princip…
  • Week 2: Institutional Architecture and Operation of the WTO
  • Week 3: Market Imperfections, Distortions, and Trade Barriers
  • Week 4: Preferential and Regional Trade Agreements
  • Week 5: International Competition Policy and Strategic Environmenta…
  • Week 6: Formation and Structure of International Sales Contracts
  • Week 7: Contractual Performance, Validity, and Breach in Internatio…
  • Midterm: Midterm evaluation
  • Week 9: Digital Trade and Cross-Border Electronic Contracting
  • Week 10: International Trade Finance and Payment Mechanisms
  • Week 11: Exchange Rate, Legal, and Regulatory Risks in Global Commer…
  • Week 12: Applying International Trade Law in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
Back to the course
Scroll