INTERNATIONAL
TRADE RELATIONS
(ITRN 603)
Spring 2002
(Wednesday 7:05-9:35)
Prof. Robert
A. Rogowsky [1]
INTL 603 examines the multilateral
trading system and its rules and practices.
This course stresses the political dynamics of international trade
relations and trade policy application, particularly through the regulatory
framework in the United States. The
course covers the origin and basic rules of the GATT and the World Trade
Organization (WTO), the dynamics and legal basis for U.S. trade policy, several
‘newer’ issues in international trade policy such as the trade and the
environment, trade-related investment issues and trade in services, as well as
regional trade arrangements and groupings such as NAFTA and APEC. Bilateral trade relations with some of the
United States’ largest trading partners, including Japan and China are also
covered.
The course material is divided into
three parts, covering: Domestic and
Multilateral Trade Institutions and Law, New Trade Issues, and Regional and
Bilateral Trade Issues.
The course will be taught through
lectures, class discussion, case studies where relevant, and at times guest
lectures. One major paper will be
assigned, possibly a short mid-term exam (typically voted on by students), and
a final exam. Depending on whether a
mid-term exam is given or not, grading will be based on the paper (45%), class
participation (10%), and the final exam (45%).
The exam must be written in “blue books.”
The paper will be no longer than 9 typed single spaced pages. It must be original, complete, precise, well-written, and devoid of
non-essential information. It must also
contain a bibliography. Oh, and the
part about being original, I mean that.
The only books to be purchased for
the course is a relatively small reading book of articles, J. Schott, The WTO after Seattle, (Washington,
IIE), and Rogowsky, Linkins, and Tsuji, Trade
Liberalization: Fears and Facts.
Other materials will be distributed in class or are available on the
internet.
CLASS SCHEDULE
CLASS I: Introduction
to the Class and a review of the Historical Political Economy of Modern Trade
Policy Formation
Reading
Book: I.M. Destler (1995), American Trade Politics, Chs. 1and 2. D.
Richardson (1994), “Trade Policy” in M. Feldstein, ed. American Economic Policy in the 1980s, Chicago: Univ. Chicago
Press.
Trade
Liberalization: Ch. 1-2.
Background: Robert Baldwin, The Political Economy of U.S. Import Policy, esp. Ch. 1; and Krugman and Obstfeld, International Economics, esp. Ch. 9.
CLASS II: The Uruguay Round and The World Trade Organization
Reading
Book: R. Blackhurst, (1997) “The WTO
and the Global Economy,” The World
Economy, 20, No. 5 (August, 1997) pp. 527-44; J. Jackson (1997), , The World Trading System: Law and Policy of
International Economic Relations, Cambridge: MIT Press, pp. 99-105.
Schott Book: “The WTO after
Seattle,” Jeff Schott, Ch. 1.
Background:
J. Schott (1994), The Uruguay Round: An
Assessment, IIE, Wash. D.C., Overview, pp. 3-43; Implementing the URA," The Year in Trade 1994 : Operation of the
Trade Agreements Program 46th Report, USITC publication, Ch.1. ; J.
Jackson (1997), The World Trading System:
Law and Policy of International Economic Relations, Cambridge: MIT Press,
Chs. 3 (pp 99-105 only), 6, and 8;
CLASS III: Global Governance
Reading
Book: J. Mathews, “Power Shift,” Foreign Affairs, Jan/Feb. 1997; J.
Scholte, “The WTO and Civil Society,” J.
of World Trade. 33(1) 1999; “Lori’s
War,” Foreign Policy, Spring 2000; J.
Braithwaite and P. Dranos, “The Struggle for a Sovereignty of the People,” Global Business Regulation, (Cambridge
U. Press, 2000); V. Cable, “Managing the System,” Globalization and Global Governance, (Royal Inst.of Int’l Affiars,
1999).
Trade Liberalization: Ch. 7
To Find: William H. Lash III and Daniel T. Griswold,
WTO Report Card II: An Exercise or Surrender of U.S. Sovereignty? ( James Sheehan, The Greening of
the World Bank: A Lesson in Bureaucratic Survival, Foreign Policy Briefing,
CLASS IV: United States Trade Policy: A View
from Inside
Guest
Speaker: David Walters, Chief Economist, USTR
Reading Book: A.W. Wolff, (1998) “Goals and Challenges for
U.S. Trade Policy,” in G. Feketekuty, Trade
Strategies for a New Era;
Schott
Book: “The United States’ Interest in New Global Trade Negotiations,” C. Fred
Bergsten, Ch. 2.
To Find: President’s
2001 International Trade Legislative Agenda,
C.
Fred Bergsten, “The Next Trade Policy Battle,”
CLASS V: National
Trade Law and Trade Remedies
Reading
Book: Thomas Howell, (1998) “The Trade Remedies: A U.S. Perspective,” Trade Strategies for a New Era; Robert Willig, (1998) “Economics Effects of
Antidumping Policy,”
To Find:
USTR Releases Super 301, Special 301 And Title VII Reports,
G
Hufbauer, “Antidumping: A Look at U.S.
Experience– Lessons for Indonesia,”
Schott Book: “Antidumping
and Safeguards,”P. Messerlin, Ch. 1.
Background:
Destler, American Trade Politics, Ch.
6.
CLASS VI: Case
Study: Case and Material Provided
CLASS VII: Dispute Resolution : Multilateral
Rules and Procedures
Reading Book: Amelia Progis, WTO Dispute Settlement: the Background and
AD/CVD Issues,”Speech, April, 1999; Robert Hudec, “The New WTO Dispute
Settlement Procedure: An Overview of the First Three Years,” Minn. J. Global Trade, Vol. 8:1, 1999,
1- 53.
Schott
Book: J. Jackson, “Dispute Settlement and the New Round,”
Provided: R. Rogowsky, “WTO Disputes: Building
International Law on Safeguards,” Virginia.
Lawyer, 2001.
CLASS VIII: Case
Study: Beef Hormone
Invited
Guest Lecturer: Hon. Jennifer Hillman, Commissioner, USITC
Provided: D. McNeil, “The First Case Under the
WTO’s Sanitary and Phytosanitary Agreement:
The European Union’s Hormone Ban,” Va.
J. of International Law, Vo. 39:89.
And, sundry newspaper clippings about Bananas.
CLASS IX: Trade and Social Issues
(Environment and Labor Standards)
Invited
Guest Speaker: Judy Dean
Schott
Book: Esty, “Environment and the
Trading System,” Ch. 15, and K. Elliott, “Getting Beyond No...!, Ch. 12.
Trade Liberalization: Ch. 6 - 7.
Background: OECD Report on Trade and Environment,
S. Charnovitz, (1995) "The WTO and Social Issues,” Journal of World Trade, Vol 28, #25
K. Anderson, “The Entwining of Trade Policy
with Environmental and Labor Standards,” in The
Uruguay Round and the Developing Economies, W. Martin and A. Winters, eds.,
World Bank Discussion Papers, 307, (1994).
CLASS X: Investment and Services in a
Global Market
Schott Book: T.
Moran, “Investment Issues,” Ch. 14, and Hoekman, “Towards a More Balanced and
Comprehensive Services Agreement,” Ch. 9.
Reading Book: A. Sapir, “The General Agreement
on Trade in Services: From 1994 to the Year 2000,” J. of World Trade, 33(1): 51-66, 1999;
To Find: Recent
Trends in U.S. Services Trade, USITC, June 2001 Ch. 1.
Background: T. Moran, Foreign Direct
Investment and Development, Ch. 10. (IIE. 1998); World Bank Annual Report 1996, Volume I Special
Topic, “Trade and Foreign Direct Investment.”
Case study in WTO Telecommunications Agreement, Ch. 4.[www.usitc.gov]
CLASS XII: Competition Policy in the Global Market
Schott Book: E. Graham, “Trade, Competition, and the WTO
Agenda,”
To Find: B.
Hoekman and P. Holmes, “Competition Policy, Developing Countries and the World
Trade Organization,” (#2211); Speeches of Joel Klein, “The Antitrust Division's
International Anti‑cartel Enforcement Program,” and James M. Griffin, “An Inside Look at a Cartel at Work: Common
Characteristics of International Cartels,”
Debra Valentine, Federal Trade
Commission, “Antitrust in a Global High‑tech Economy,”
,
CLASS XI: Regionalism
[Paper due]
Reading Book: R. E. Baldwin, (1997) “The Causes
of Regionalism,” The World Economy,
Vol. 20, No. 7; R. Wonnacott,
"Free-Trade Agreements: For Better
or Worse;"; J. Bhagwati, “Fast
Track to Nowhwere,” Economist, Oct.
18, 1997;
To Find: Isidro Soloaga and L. Alan Winters, “How Has
Regionalism in the 1990s Affected Trade? (August 1999), (#2156) ; S. Andriamananjara, “Preferential Trading Agreements and the
Multilateral Trading System,”
Background:
J. Frankel, Regional Trading Blocs
in the World Economic System, (Institute for International Economics, Oct. 1997), chs. 1,
CLASS XIII: Japan
Reading Book: Karel van Wolferen, “The Japan Problem
Revisited,” Foreign Affairs,. See also speeches/testimony on USTR webpage.
Bruce Stokes, New Beginnings,
Background: Edward
Lincoln, “Japan’s Financial Mess,”
Foreign Affairs, May/June, vol. 77, pp. 57-66
CLASS XIV: China
Provided: C. Barfield, Tiger by the Tail, (American Enterprise
Institute) Ch. 2; and supplemental materials as provided/assigned.
FINAL EXAM In Class.
[1] Dr. Robert
Rogowsky is Director of Operations of the U.S. International Trade
Commission. Phone: (202) 205-2230, and
e-mail: rrogowsky@usitc.gov.