(Apply knowledge of international trade law: for example, 1. Understand the requirements that free trade areas and customs unions must meet in order to comply with WTO agreements. 2. 2. learn how to assess preferential trade agreements under WTO rules. 3. understand how the debate between multilateral and regional/bilateral trade liberalization has evolved. 4. develop legal arguments relating to MFN obligations, free trade zones, and customs unions.)

Question： "Bilateral and regional trade agreements weaken the multilateral trade system and are incompatible with WTO rules" Discuss the statement with examples and legal references to support your arguments in support and in rebuttal.

Answer rating: 100% (QA)

The statement Bilateral and regional trade agreements weaken the multilateral trade system and are incompatible with WTO rules reflects an ongoing debate in international trade law Lets explore both s... View the full answer