This course offers a comprehensive introduction to the law governing global and regional trade relations under the aegis of the World Trade Organization (WTO) as a part of the wider field of international economic law. The course covers in particular the milestones in the history of the multilateral trading regime from the past to the present, the principal objectives underlying the regulation of international trade, the main trade agreements and trade policies covered as well as an outline of the system for the settlement of disputes of the WTO as exemplified by various important cases decided by the WTO.

CILO-1: Students will be able to describe the World Trade Organization (WTO), including its history, structure, scope and wider role in the governance of global trade. CILO-2: Students will be able to explain the dynamism governing international trade liberalization and global market integration. CILO-3: Students will be able to assess the role of the basic theories of economic integration in terms of their connection with the basic legal principles and obligations enshrined in the WTO covered agreements. CILO-4: Students will be able to compare main principles and dynamics of international economic integration as well as international economic law (IEL). CILO-5: Students will be able to elaborate on the functioning of global trade relations including the system governing the settlement of international trade disputes.