The definitive work on all aspects of trade in goods by one of the most important experts on international trade
Provides a clear and comprehensive analysis of international trade agreements, such as the WTO Agreement on Subsidies and the WTO Agreement on Safeguards
Explains the fundamental economic rationale for the creation of trade agreements, clarifying the justifications for the current framework of international economic law
Offers thorough analysis of the case law of the WTO's judicial bodies
New to this edition
Greatly expanded and revised, this second edition now covers all WTO agreements dealing with trade in goods, providing an unequivocal analysis of this area of international law
Reviews the 'new generation' agreements dealing with domestic instruments, such as the agreement on Technical Barriers to Trade, and the Agreement on Sanitary and Phyto-sanitary Measures
This new edition of Trade in Goods is an authoritative work on international trade by one of the most influential scholars in the field. It provides a comprehensive and detailed analysis of every WTO agreement dealing with trade in goods. The focus of the book is on the reasoning behind the various WTO agreements and their provisions, and the manner in which they have been understood in practice. It introduces both the historic as well as the economic rationale for the emergence of the multilateral trading system, before dealing with WTO practice in all areas involving trade in goods. It contests the claim that the international trade agreements themselves represent 'incomplete contracts', realized through interpretation by the WTO and other judicial bodies. The book comprehensively analyses the WTO's case law, and it argues that a more rigorous theoretical approach is needed to ensure a greater coherence in the interpretation of the core provisions regulating trade in goods.
This second edition readdresses and moves beyond the discussion of the GATT presented in the first edition to assess in significant detail every trade in goods agreement at the WTO, both multilateral as well as plurilateral. The book is written to be accessible to those new to the field, with an authoritiative level of detail and analysis that makes it essential reading for lawyers and economists alike.
Readership: Scholars and students working in international economic law and the economic analysis of international trade; practitioners and policy-makers working in international trade; economists