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Advanced Introduction to International Trade Law

Michael J. Trebilcock, University Professor and Professor of Law, University of Toronto, Canada and Joel Trachtman, Professor of International Law, The Fletcher School of Law and Diplomacy, Tufts University, US
Written by two leading scholars with 60 years of collective experience in the area, this insightful updated second edition provides a clear and concise introduction to the fundamental components of international trade law, presenting the basic structure and principles of this complex area of law, alongside elucidation of specific GATT and WTO legal rules and institutions. Key updates include references to the most recent cases, decisions and treaty negotiation developments, analysis of populist critiques of international trade law and analysis of new areas including digital trade and security exceptions.
Extent: c 256 pp
Hardback Price: $110.00 Web: $99.00
Publication Date: January 2020
ISBN: 978 1 78897 142 3
Availability: Not yet published (pre-order)
Paperback Price: $27.95 Web: $22.36
Publication Date: January 2020
ISBN: 978 1 78897 144 7
Availability: Not yet published (pre-order)
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  • Law - Academic
  • Law and Economics
  • International Economic Law, Trade Law
Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas.

Written by two leading scholars with 60 years of collective experience in the area, this insightful and updated second edition provides a clear and concise introduction to the fundamental components of international trade law, presenting the basic structure and principles of this complex area of law, alongside elucidation of specific GATT and WTO legal rules and institutions.

Key features include:

• a nuanced yet highly readable summary of the area

• placement of trade law into historical, political and economic contexts, including new analysis of populist critiques

• references to the most recent cases, decisions, treaty negotiation developments and economic and legal scholarship

• analysis of new areas including digital trade, migration and security exceptions to alert students to developments in international trade law

• links and connections between different areas of trade law to provide students with an integrated overview of the topic.

Interdisciplinary in nature, this second edition will be an indispensable guide for students in law, economics, political science and international relations. Comprehensive and accessible, it will be essential reading for non-specialist scholars and policy advisors seeking to further their understanding of international trade law.
‘The second edition of this advanced introduction to international trade law is even better than the first – an accomplishment indeed. At a time when there is so much misunderstanding about trade and the rules of trade, two of the leading experts in the field, Michael Trebilcock and Joel Trachtman explain the basics in a way that any reader can understand and from which all readers can benefit.’
– James Bacchus, University of Central Florida, US

‘This Advanced Introduction provides an excellent succinct yet accurate summary of the international trade rules applicable, inter alia, to trade in goods, services, intellectual property, and investment. It also explores international standards, social issues such as development, environment, labour, human rights, and it addresses the institutional framework and the future of the world trading system. As an experienced practitioner in this field, I highly recommend this book to government officials, business people, and students who will all get a clear interdisciplinary tour d’horizon in the field of international trade.’
– Gabrielle Marceau, University of Geneva, Switzerland and Senior Counsellor at the WTO

‘Today’s politicians and politics have generated more public interest in international trade – and trade law – than ever before. Paradoxically, international commerce and its rules have never been more misunderstood. Trebilcock and Trachtman tackle this problem by providing a fresh look at the motives for trade as well as the rules of the game.’
– Chad P. Bown, Peterson Institute for International Economics, US

‘This is an important book on trade law by two of the smartest, and most highly regarded, experts on international trade law today. As politicians and an ill-informed and compliant press in the US have imperiled the world trading system in recent years, Professors Trebilcock and Trachtman provide a much-needed corrective. They deserve our gratitude and applause.’
– Jagdish Bhagwati, Columbia University, US
Contents: Preface 1. Setting the context 2. Institutional Structure of the WTO: Treaty-Making, Decision-Making, and Dispute Settlement 3. Tariffs and the Most Favoured Nation Principle 4. Preferential Trade Agreements 5. The National Treatment Principle 6. Antidumping laws 7. Subsidies and countervailing duties 8. Safeguards and adjustment assistance policies 9. Trade and agriculture 10. Trade in services 11. Trade and investment 12. Trade-related intellectual property rights 13. Trade policy and domestic health and safety regulation 14. Trade policy and the environment 15. Trade policy, labour standards and human rights 16. Trade policy and developing countries 17. Future challenges for the world trading system Index