DEVS 230 Lecture Notes - National Treatment, Comparative Advantage, Perfect Competition
28 Nov 2012
School
Department
Course
Professor
Document Summary
The politics of the global trading regime: wto. An international organization (public, not a company) Emerged from gatt foundations" in 1995 through the uruguay round. Current negotiation round is the doha development" round, which has stalled now since it started in 2001. Provides legal ground rules" for world trading negotiations. Aim is to help trade flow freely to reduce poverty. Unlike gatt, it is mandated to regulate global trade. Designed to uphold basic principles of free trade so that there are no back room deals, and that there is no discrimination. Three primary types of trade: goods, services, and intellectual property rights. Emphasizes the fact that agents act in circumstances not of their own making. Agency refers to the capacity to exert power, pursue a certain course of action. Structures provide constraints and opportunities for action, but are neither natural or neutral (eg laws are not neutral, they need to be contextualized)
