International Trade

Overview

What is international trade law?

International trade law regulates the global exchange of goods and services. For a long time, most trade agreements were bilateral, meaning between two nations). However, with the growth of global trade, countries have increasingly used multilateral treaties, such as when nations within a particular region sign an international trade agreements. Current examples include the North America Free Trade Agreement (NAFTA) and the South Asia Free Trade Agreement (SAFTA).

The multilateral trade agreement with the most members (signatories) is the General Agreement on Tariffs and Trade (GATT). The GATT comprises several rules on international trade, and is now part of the World Trade Organization (WTO), which is not just an agreement, but is also an international organization.

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  • Paul Schell dies at 76; Seattle mayor during WTO protests - Los Angeles Times July 27, 2014 Q13 FOXPaul Schell dies at 76; Seattle mayor during WTO protestsLos Angeles TimesFormer Seattle mayor Paul Schell, 76, who led the city during the World Trade Organization protests in 1999, died Sunday at a Seattle hospital, city officials said. ...…