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Course Application

International Trade
Professor Armando Ambrosio
(2 credits 24 hours)

Call for more information 495-649-2273

International Trade literally makes the world economy function, and despite disruptions this year, Russia is still very much a major player.

The purpose of this course is to examine the economic interaction between States and between enterprises in the framework of the globalized world economy. As to international trade law, the focus will be on the law of the World Trade Organization. We will then analyse the main provisions of the Vienna Convention on Contracts for the International Sale of Goods of 1980, as well as with basic principles of the law on carriage of goods, insurance, documentary credits, etc.

The course may use agricultural products as a practical example of trade in goods that are not currently sanctioned but are highly regulated, and for which labeling and quality control are particularly important. Concentration will be on trade with the East and the global South, particularly African markets, rather than with European or US markets.

The course will mainly be lectures and discussion. Students will be expected to present to the class a short group paper on a hypothetical trade problem assigned by the professor, as well as to complete the final exam.

The course text is Trebilcock-J. Trachtman, Advanced Introduction to International Trade Law, Elgar, which we are working on ensuring students access to. Other readings will be posted on Moodle at least a week before the applicable class.

This is a 2 credit course in the Pericles LL.M. program. It meets for 24 clock hours. Students who are not in the Pericles LL.M. program are welcome provided they have sufficient knowledge of English and sufficient legal background.

Approximate Schedule of Topics:

Class 1 Introduction and Course overview - GATT and customs agreements - Institutional structure and competencies of WTO
Class 2 National Treatment & the Most Favored Nation Principle - Tariffs, Rules of Origin and Regional Trading Agreements
Class 3

Preferential Trade Agreements - Agriculture and Trade - Domestic Health & Safety Regulations

Class 4 Trade in Services - Trade Related Intellectual Property - Developing Country Trade
Class 5

WTO Dispute Settlement Process and Practice – New trends in international trade regulation

Class 6

Customs and Tariffs, Import/Export Controls

Class 7 The sources of International Commercial Law - Sales Transactions: UN Convention on Contracts for the International Sale of Goods
Class 8

Documentary trade, Letters of credit, UCP

Class 9

Incoterms - Carriage of Goods - Insurance issues

Class 10

Structure and main clauses of International Commercial Contracts

Class 11

Formation, performance and cessation of International Commercial Contracts

Class 12

Applicable Law - Dispute Resolution: arbitration, litigation, mediation and other ADR procedures