POLI 359 Lecture Notes - Lecture 1: Critical Role, European Free Trade Association, Remittance

• School: McGill University
• Department: Political Science
• Course: POLI 359
• Professor: Leonardo Baccini

Document Summary

The multilateral trading system - the system regulated by the two. Non-discriminatory trade liberalization = mfn principle in particular. They increase dramatically trade between de jure and de facto members. o. Strong enforcement mechanism = the dsm is the most effective in all interntional organizations. o. Growing emphasis on trade-related issues = the wto is more and more concerned on these - all isseus related to trade that are not tariffs. Not only focused on tariff reductions like it used to, be also focused on establishing relations in other domains. New regionalism - dramatic proliferation of ptas like never seen before. The magnitude of the phenomenon in terms of numbers of pta signed is unique in terms of size. New regionalism - defining features of globalization in terms of increase in trade, in invst, in international organizations. Definition = if they are two or more countries make an agreement - agree to cut tariffs below the.