Multilateral Trading System
Prof. Katerina Toshevska-Trpchevska PhD
Course objectives (competences):
After completing this course, students should be able to:
During this course the students will elaborate the theory and functioning of the World Trade Organization as the foundation of the multilateral trade system. The course starts with explanation of the continuity and development of the multilateralism from the signing of the “old” GATT agreement through the establishment of the World Trade Organization. After the introduction, follows detailed review of the agreements that are incorporated in the WTO. The “new” GATT agreement with the 13 agreements will be analyzed in details. The Agreement on Services and the Agreement on Trade-Related Intellectual Property Rights will be analyzed. Also, during the course the Dispute Settlement Mechanism of the WTO will be elaborated, as well as the Trade Policy Review Mechanism. Through the analysis of the agreements special accent will be given on the progress of the negotiations in the Doha agenda, as well as on the contemporary challenges that the World Trade Organization is facing.