International trade and economic relations in a nutshell / by Ralph H. Folsom, Michael Wallace Gordon, John A. Spanogle, Michael P. Van Alstine.
2012
K3943 .F64 2012 (Map It)
Available at Offsite ReCAP Facility
Items
Details
Author
Folsom, Ralph Haughwout.
Title
International trade and economic relations in a nutshell / by Ralph H. Folsom, Michael Wallace Gordon, John A. Spanogle, Michael P. Van Alstine.
Published
St. Paul, MN : Thomson Reuters, [2012]
Copyright
©2012
Call Number
K3943 .F64 2012
Edition
Fifth edition.
ISBN
9780314284358
0314284354
0314284354
Description
xvii, 386 pages ; 19 cm.
System Control No.
(OCoLC)795762144
Note
Includes index.
Series
Nutshell series.
Record Appears in
Shared Records
All Resources
All Resources
Table of Contents
Dedication
iii
Preface
v
Outline
vii
Table Of Cases
xvii
Introduction
1
A.
The State (Massachusetts) Transaction: Parts from Salem are made into goods in Boston for sale in Brockton.
1
B.
The United States Transaction: Parts from San Francisco are made into goods in Boston for sale in Burbank.
1
C.
The International Transaction: Parts from Singapore are made into goods in Boston for sale in Brasilia and Bombay
1
The Boston Client
1
The Bartow Client
3
United States Import Remedies
5
Global Trade Law
7
Economic Status
9
Export Controls
10
Regional and Bilateral Trade Law
13
ch. 1
World Trade and Multinational Enterprises
17
Patterns of World Trade and Economic Relations
19
Services Trade
20
The Rise of Asia
21
Nontariff Trade Barriers
22
Trade Incentives
23
The Legal Framework of Trade
25
The Multinational Enterprise (MNE)
26
MNE Financial Practices Transfer Pricing
28
The Role of Corporate Counsel to a MNE
31
A Hypothetical Day for MNE Corporate Counsel
33
ch. 2
The World Trade Organizations (WTO) and International Monetary Fund (IMF)
35
The GATT (1947): History and Provisions
37
Trade in Goods: Core GATT Principles
39
GATT Procedures
41
The GATT Multinational Trade Negotiations (Rounds)
42
The World Trade Organization (WTO) and GATT 1994
44
WTO Agreements and U.S. Law
47
GATT/WTO Nontariff Trade Barrier Codes
48
The WTO Agreement on Agriculture
52
The General Agreement on Trade in Services (GATTS)
54
WTO Decision-Making
56
Consensus Rules
58
Admission to the WTO
59
Dispute-Settlement Under WTO
60
Phase 1: Consultation
63
Phase 2: Panel establishment, investigation and report
64
Phase 3: Appellate review of the panel report
67
Phase 4: Adoption of the panel or Appellate Body decision
68
Phase 5: Implementation of the decision adopted
69
Phase 6: Compensation Option
69
Phase 7: Authorized Retaliation
70
Retaliation in Action
72
U.S. Involvement in WTO Dispute Resolution
74
The International Monetary Fund (IMF)
82
IMF Operations
82
Special Drawing Rights (SDRs)
84
ch. 3
Restrictions on Imports
87
United States Trade Laws
87
U.S. Import Laws
89
The Origins of United States Tariffs
93
United States Tariff Rates
94
Column 1 Tariffs and the GATT
95
Foreign Trade Zones
97
Customs Law
97
Customs Classification
98
Customs Valuation
100
Rules of Origin
101
Generalized Tariff Preferenecs for Developing Nations
102
Caribbean Basin, Andean and African Trade Preferences
105
Goods Incorporating United States Components
108
Duty Free Access to the United States
109
U.S. Import Quotas
110
U.S. Public Procurement
113
Buy American
113
GATT Code and U.S. Response
116
WTO Procurement Code
118
U.S. Product Standards
119
WTO Product Standards Law
122
Tuna, Shrimp and Beef Disputes
123
ch. 4
Trade Remedies: Responses to Import Competition
126
Procedures Relating to the Imposition of Trade Remedies
129
United States Law
129
The U.S. Court of International Trade
133
International Tribunals
134
Dumping and Antidumping Duties
136
The WTO Antidumping Agreement
137
U.S. Antidumping Law
139
The Rules of U.S. Law on Antidumping Duties
140
Antidumping and Nonmarket Economies
143
Other Provisions of U.S. Law Designed to Conform to the WTO Antidumping Agreement
145
Interpretation of the Antidumping Agreement by the WTO
148
Subsidies and Countervailing Duties
150
The WTO Agreement on Subsidies and Countervailing Measures
152
U.S. Countervailing Duty Law
155
The Subsidy Requirement
156
The Specificity Requirement
157
The Injury Requirement
160
Enforcement Procedures
160
Subsidies, CVDs, and Non-Market Economies
161
Safeguards (Escape Clause) Measures
162
The WTO Agreement on Safeguards
164
U.S. Escape Clause (Safeguards) Law
165
The Statutory Standard
166
Protective Relief
168
Special Safeguards Rules for Chinese Imports
171
Trade Adjustment Assistance
172
Interpretation of the Safeguards Agreement by the WTO
174
The U.S. Steel Safeguards Case
176
ch. 5
Controls on Exports
178
U.S. Export Policy
180
The Export Administration Act and Regulations
182
The Process of Licensing Exports
184
Commerce Control List
185
Licensed Exports
186
Licensing Timetable
187
Sanctions for EAA Violations
189
Boycott Provisions and U.S. Export Laws
190
Antiboycott Provisions of U.S. Export Laws
192
Sanctions
194
Foreign Corrupt Practices Act
195
1988 Amendments
196
OECD Code
197
Section 301 and Super 301
198
Section 301 Procedures
199
Super 301
201
Effect of WTO Dispute Settlement
202
ch. 6
Free Trade Agreements and Customs Unions
204
GATT Article 24
206
Gats Integrated Services Agreements
208
Developing World Integration
209
Africa
211
Islamic World
212
Latin America and Caribbean
213
A Case Study: the Association of Southeast Asian Nations (ASEAN)
216
Declarations and Summits
217
ASEAN Trade Rules and Industrial Projects
219
Freer Trade
220
International Impact
222
ASEAN Complementation Schemes and Joint Ventures
224
Complementation Schemes
224
Joint Ventures
225
East Asian Integration
227
The USTR, Fast Track and U.S. Bilateral Trade Agreements
229
Conclusion
231
ch. 7
The European Union
233
Three Communities
234
Multiple Official Languages
236
Europe without Internal Frontiers
237
EU Citizenship-Rights of Residence
238
Treaty on European Union (1993)
240
Amsterdam Treaty (1999)
241
Treaty of Nice (2003)
242
Defeat of a Constitution for Europe (2005)
243
The Reform Treaty of Lisbon (2009)
244
Governance: The Council of Ministers
247
Governance: The Commission and Law-Making
248
Powers of the Commission
249
Legislative Involvement
250
Governance: The European Parliament
251
Diverse Legislative Roles
252
Budgetary Powers
254
The European Court of Justice and the General Court
255
ECJ Procedures
255
Linkage with National Courts
257
Power Struggles and Member State Prosecutions
258
Court of First Instance (now General Court)
259
The Nature of European Law
260
The Principle of Subsidiarity and the Power to Legislate
261
Primary, Secondary and "Soft" Law
261
Legislative Powers
263
Subsidiarity
266
Regulations and Directives
268
Doctrine of Direct Effect
269
National Legal Remedies for Directly Effective Law
271
EU Law Enforcement
272
Grounds for Appeal
272
Supremacy
273
Free Movement of Goods
275
Cassis Formula
276
Exceptions to Free Movement
278
Intellectual Property
279
Exhaustion Doctrine
279
Computer Software, Databases and Data Privacy
281
Free Movement of Workers
282
Right of Establishment
283
Freedom to Provide Services
284
Legal Profession
285
Broadcasting
286
Free Movement of Capital
287
Common Currency (The Euro)
288
European Central Bank, Financial Bailouts
289
Common Agricultural Policy
292
Environmental Policy
294
Taxation
294
Trade Relations
295
Jurisdiction and Enforcement of Judgments
297
Business Organizations Law
298
Social Policy
300
Equal Pay and Equal Treatment
304
A Timeline of European Integration
305
ch. 8
NAFTA and Free Trade in the Americas
308
Canada-U.S. Free Trade
308
The CUSFTA Agreement in Outline
309
Trade in Goods
309
Rules of Origin
313
Services and Investment
314
Dispute Settlement Under CUSFTA
317
Antidumping and Subsidy Disputes
318
Extraordinary Challenges
319
North American Free Trade
320
Fast Track Negotiations
322
The NAFTA Agreement in Outline
323
Trade in Goods
323
Rules of Origin
324
Energy
326
Food Products
327
Product Standards
328
Safeguards (Escape Clause Proceedings)
329
Procurement
329
Trade in Services
330
Transport
331
Telecommunications
332
Cross-Border Investment and Investor-State Arbitrations
333
Investor Rights
334
Investor-State Arbitrations
335
Exclusions
336
Financial Services
337
National Commitments
338
Intellectual Property
339
Other NAFTA Provisions
340
Business Visas
340
State Monopolies and Antitrust
341
Miscellaneous Provisions
342
Right of Withdrawal
342
Dispute Settlement Under NAFTA
343
Forum Selection: NAFTA or WTO
343
Chapter 20
344
Antidumping or Subsidy Disputes
346
The Side Agreements on Labor and the Environment
347
Environmental Disputes
347
Labor Disputes
348
Comparison with the European Union
349
Free Trade and the Americas
350
Fast Track Delayed
351
Fast Track Arrives
352
U.S. Free Trade Agreements-NAFTA Plus
353
Quebec and NAFTA
356
Conclusion
358
A NAFTA/Free Trade in the Americas Timeline
358