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Module 1: The System of World Trade and International Commercial Law

Overview

This module examines the WTO's legal framework for international trade, the organisations involved in making global trade a reality as well as trade blocs and geopolitical developments. The second part examines contractual instruments (the CISG and Incoterms®) that help economic operators perform their transactions as well as regulations, principles and values that shape modern commercial policy. 

Contents

The System of World Trade

  • Organisations, economic development and trade blocs
  • WTO Agreements and dispute settlement
  • Trade policy, geopolitics and future developments

International Commercial Law

  • UN Sales Law (CISG)
  • INCOTERMS®
  • Corporate Social Responsibility (CSR)

Discussion Topics

  • Global trade policy, participation in international trade, organisations and their roles
  • The function, pros and cons of using CISG and Incoterms®
  • Corporate Social Responsibility (CSR), legislation protecting workers and the environment in the supply chain

Learning Outcomes

Participants will be able to:

  • understand the aims and functions of organisations involved in international trade (including the WTO) and how they interrelate;
  • understand the function and value of the INCOTERMS® and CISG in contractual dealings;
  • understand the issues raised by Corporate Social Responsibility and the need to comply with related legislation.