The multilateral trading system and the WTO, its principal institution, are currently in crisis. Now more than ever, it is essential to provide a sound understanding of WTO rules and procedures, and their contribution to a secure and predictable framework for trading relations between nations. This book provides a timely and carefully considered overview of the substantive rules and institutional arrangements of the WTO, written in a concise and highly reader-friendly manner. It provides a clear and systematic discussion of key issues of WTO law, and incorporates important case law and current debates. It includes useful pedagogical features such as illustrative examples of the application of the legal framework to practical situations to facilitate understanding, as well as lists of further reading. Co-written by a leading authority in the field, it forms essential reading for anyone who wants to get to grips with this fascinating and challenging field of law.
- Avoids the technical details which can overload those looking for an introduction to the topic
- Demonstrates practical application of theory and rules via fictional illustrative examples
- Online resources list shows students where to find the resources they need to look into the 'real world' of international trade
- Boxes summarising key rulings in WTO case law help readers to see the relevance of dispute settlement rulings and understand how they flesh out the provisions in the WTO agreements
- This new edition provides essential updates on recent case law and practice and incorporates current debates
