CUS503 International Trade Policy and Practice (16)

Abstract

This subject examines the international trade policies and practices that have been developed as a consequence of WTO/GATT law and other international obligations and policy settings, the implications of this policy and practice in the current international trade environment, the importance of these implications and the importance of national agendas to those administrating or participating in cross border trade.

+ Subject Availability Modes and Location

Session 1
Online	Canberra Campus
Session 2
Online	Canberra Campus

Continuing students should consult the SAL for current offering details: CUS503
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration	Grading System	School:
One session	HD/FL	Centre for Customs and Excise Studies

Learning Outcomes

Upon successful completion of this subject, students should:

be able to explain and commentate critically on the framework and key legal principles of the GATT and WTO Agreements and other relevant international treaties;
be able to solve complex problems, in both theoretical and practical situations/scenarios of cross-border trade and management, by developing policy that addresses appropriate compliance with GATT/WTO law and other international legal obligations and other emerging and topical aspects of international trade;
be able to commentate critically on current policy approaches to international trade and analyse the implications of various policy approaches on the global trading environment and the border;
be able to assess and evaluate the impact of GATT/WTO law and other international trade obligations on national trade policy objectives and implementation;
be able to formulate appropriate analytical and well-developed practical responses that meet international obligations while achieving national trade policy objectives and explain those approaches to others; and
be able to formulate appropriate analytical and well-developed approaches to border policy, practice and procedure by analysing areas of international trade that could benefit from GATT/WTO law reform and to be able to explain those approaches to others

Syllabus

The subject will cover the following topics:

Context of International Trade
o Globalisation
o Free Trade v Protectionism
Barriers to International Trade
o Tariff and non-tariff barriers
Multi-lateral Trade Negotiations
o The GATT - Introduction and fundamental principles
o The WTO - GATS, TRIPS and the Annex 1A Agreements, the DSU and the TPRM
o The WTO Trade Facilitation Agreement
o Other treaties impacting on cross border trade and its management
Preferential Trade Negotiations
o Regionalism v Multilateralism
o Rules of Origin - the ?spaghetti bowl? phenomena
Current approaches/Future Trends
The Doha Round

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