International Economic Law
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Course code
AKJ6308.YK
old course code
Course title in Estonian
Rahvusvaheline majandusõigus
Course title in English
International Economic Law
ECTS credits
4.0
Assessment form
Examination
lecturer of 2023/2024 Spring semester
Not opened for teaching. Click the study programme link below to see the nominal division schedule.
lecturer of 2024/2025 Autumn semester
Not opened for teaching. Click the study programme link below to see the nominal division schedule.
Course aims
The objectives of the course is to introduce the students to internationally and regionally managed trading arrangements, dispute resolution mechanisms, and international arbitration in a manner that will develop their critical thinking skills and abilities to identify, anticipate, and resolve practical issues in international trade, international investment, and in the protection of intellectual property.
Brief description of the course
This course covers the major legal issues in international business and trade activity in public sectors. The principal areas of coverage are the movement of goods, import tariffs and customs issues as well as controls over assets and exports.
The historical development of the WTO, comprising the institutional and substantive aspects, including its structure, decision-making procedures, and dispute settlement procedures are thoroughly discussed.
Also examined are regional trade agreements, globalization, and principles designed to promote free trade. Problems of international investment and the transfer and protection of intellectual property are considered within the context of the WTO jurisprudence.
Finally, the course examines the lending policies and practices of international financial institutions, particularly the International Monetary Fund (IMF) and the World Bank.
Learning outcomes in the course
Upon completing the course the student:
- knows the functions of regional and international trading arrangements;
- is able to identify the applicable controlling legal rules and the procedural rules governing international dispute mechanisms to provide advice in practical cases;
- has a complete and through understand of the legal framework of the WTO, including GATT, GATS, TRIPS, TRIMS, and DSU procedure;
- has an understanding of regional trade agreements and will be able to identify and understand methods of settlement of investment disputes.
Teacher
Phillip Graves
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