Caulfield First semester 2008 (Evening)
Caulfield Second semester 2008 (Day)
Caulfield Second semester 2008 (Off-campus)
Sunway First semester 2008 (Day)
Sunway Second semester 2008 (Day)
International trade policy and its economic rationale; GATT, IMF, WTO, NAFTA, the European Union, APEC and the Uruguay Round agreements; Japan-US trade relations and new issues in international trade policy.
The learning goals associated with this unit are to:
- assess the advantages and limitations of the multilateral trading system in terms of: its decision making processes, its agreements (agriculture, services, intellectual property, investment etc) and new issues - (competition policy, government procurement etc)
- explain the recent surge of bilateralism and regionalism and assess the implications of regional trade policies on the multilateral trading system
- evaluate the opportunities and the limitations of formally linking human rights and environmental issues to the multilateral trading system
- judge whether the current multilateral system treats trade liberalisation as a means to an end (the end being solving the problem of poverty) or an end in itself.
Within semester assessment: 60%
Examination (2 hours): 40%