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Legal and Economic Principles of World Trade Law

$45.99 (C)

Part of The American Law Institute Reporters Studies on WTO Law

Gene M. Grossman, Henrik Horn, Kyle Bagwell, Robert W. Staiger, Alan O. Sykes, Petros C. Mavroidis
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  • Date Published: January 2015
  • availability: Available
  • format: Paperback
  • isbn: 9781107459649

$ 45.99 (C)

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About the Authors
  • The World Trade Organization (WTO) Agreement covers the vast majority of international commerce in goods and services. The Agreement covers not only measures that directly affect trade, such as import tariffs and import quotas, but potentially almost any type of internal measure with an impact on trade. Thus WTO legal texts are by necessity expressed in vague terms, and in need of continuous interpretation. The overarching aim of the project Legal and Economic Principles of World Trade Law, led by the American Law Institute, is to contribute to the analysis of WTO law in not only law but also economics. This volume reports work done thus far to identify improvements to the interpretation of the Agreement. It starts with two background studies, the first of which summarizes the study The Genesis of the GATT, published by Cambridge University Press in 2008, which highlights the negotiating history of what became the GATT 1947-1948; the second study, coauthored by Gene M. Grossman and Henrik Horn, is an introduction to the economics of trade agreements. These are followed by two main studies. The first, authored by Kyle Bagwell, Robert W. Staiger, and Alan O. Sykes, discusses legal and economic aspects of the GATT regulation of border policy instruments, such as import tariffs and import quotas. The second, written by Gene M. Grossman, Henrik Horn, and Petros C. Mavroidis, focuses on the core provision for the regulation of domestic policy instruments – the National Treatment principles in Art. III GATT.

    • Features contributions from lawyers and economists who have spent time thinking about these issues
    • Contributors provided an integrated law and economics study of non-discrimination in WTO law
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    Product details

    • Date Published: January 2015
    • format: Paperback
    • isbn: 9781107459649
    • length: 380 pages
    • dimensions: 229 x 152 x 20 mm
    • weight: 0.51kg
    • availability: Available
  • Table of Contents

    1. The genesis of the GATT summary
    2. Why the WTO? An introduction to the economics of trade agreements Gene M. Grossman and Henrik Horn
    3. Border instruments Kyle Bagwell, Robert W. Staiger and Alan O. Sykes
    4. National treatment Gene M. Grossman, Henrik Horn and Petros C. Mavroidis.

  • Editors

    Henrik Horn, Research Institute of Industrial Economics, Stockholm

    Petros C. Mavroidis, European University Institute, Florence

    Prepared for publication by

    American Law Institute
    The American Law Institute is the leading independent organization in the United States producing scholarly work to clarify, modernize, and otherwise improve the law. The Institute (made up of 4,000 lawyers, judges and law professors of the highest qualifications) drafts, discusses, revises and publishes Restatements of the Law, model statutes and principles of law that are enormously influential in the courts and legislatures, as well as in legal scholarship and education.


    Gene M. Grossman, Henrik Horn, Kyle Bagwell, Robert W. Staiger, Alan O. Sykes, Petros C. Mavroidis

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