General Agreement on Tariffs and Trade (GATT), Trade Law, USA, WTO

(Department of Public Management at Harz University/Germany)/ /Leave a comment

Is there any practical value to international agreements without enforcement instruments? And can the multilateral rules of the world trade system hold the trust of the member states, so that they continue to adhere to the mutual benefits and obligations under WTO law – even if the WTO dispute settlement system is totally or even…

Free Trade Agreement, Trade Law, WTO

(Department of Public Management at Harz University/Germany)/ /Leave a comment

Imagine living in a world in which trade comprised of only bilateral agreements. Do you suppose that such two-sided scenarios for trade relations would be capable of meeting the diverse needs of the world’s many trading partners? This view of the future is certainly hypothetical, but we are in fact right now observing a strong…