Contents - Faculty of Law - University of Cambridge

Douglas, The International Law of Investment Claims (2009)Statute:Students should obtain their own copy of:Evans, Blackstone’s International Law Documents (any ed)This text may be taken into the examination room.Reference:Aldrich, The Jurisprudence of the Iran-United States Claims Tribunal (1996)Brown, A Common Law of International Adjudication (2007)Eiriksson, The International Tribunal for the Law of the Sea (2000)Fitzmaurice, The Law and Procedure of the International Court of Justice (1986)Gaillard et al, Fouchard, Gaillard & Goldman on International Commercial Arbitration (1999)Gray, Judicial Remedies in International Law (1987)McLachlan et al, Investment Treaty Arbitration: Substantive Principles (2007)Merrills, International Dispute Settlement (4th ed, 2008)Rosenne, The Law and Practice of the International Court, 1920-2005 (2006)Sands et al, Manual on International Courts and Tribunals (2010)Shany, The Competing Jurisdictions of International Courts and Tribunals (2003)Zimmermann et al, The Statute of the International Court of Justice: A Commentary (2006)PAPER 23. THE LAW OF THE WORLD TRADE ORGANIZATIONThe World Trade Organization (WTO) is the primary organization in the field of economic globalization. WTO law governsthe rights of governments to regulate international trade in goods and services and requires them to protect intellectualproperty. The WTO has an active dispute settlement system which, since 1995, has produced a substantialjurisprudence.The purpose of this course is to study the law of the WTO, as set in a real-world social and political context. In addition tofocusing on the fundamentals of WTO law, the course looks at the relationship between WTO rules and other values,such as the rights of WTO Members to protect public policy interests, such as the environment and human rights. Aspecial theme is the role of developing countries within the WTO system.At the end of the course, students should have an appreciation of the purpose and functions of the WTO and be familiarwith its rules and jurisprudence.The course presumes no prior knowledge of economics or trade policy. It is an advantage, though not mandatory, to havea background in public international law.The first part of the course commences with the history of the WTO and its institutional dimension. Next, it turns to themechanism of trade negotiations and the core WTO principles in goods and services as well as the non-economicexceptions to WTO obligations. Based on this knowledge of substantive WTO law, the course discusses the WTO disputesettlement system, including the relationship between WTO law and other parts of the international legal system (forexample, environmental and human rights law).96