Government regulation of international trade 700
Not offered in 1995
One 2-hour seminar weekly over 13 weeks
This subject examines the principal mechanisms for the regulation of Australia's international trade. The focus is on national regulatory systems, and the international institutions and rules relevant to trade. Throughout the subject the Australian system will be compared with the laws and administrative structures in our major trading partners. An analysis of the importance of the interaction of national legal systems will be undertaken with a view to indicating the difficulties faced by the multilateral institutions established in the postwar period in their attempt to exert influence over domestic trade policies and practices. The following topics will be examined: the General Agreement on Tariffs and Trade; the institutions of trade regulation in Australia; the tariff as an instrument of trade policy; non-tariff barriers to trade; anti-dumping duties and countervailing duties; export controls and export incentives; administrative discretion in trade regulation; judicial review of trade regulation; and national controls and international obligations.
Assessment
Take-home examination: 40% * Research paper (6000 words): 60%