Module Details

Module Code: LEGS9003
Title: Trade Policy & Regulation
Long Title: Trade Policy & Regulation
NFQ Level: Expert
Valid From: Semester 1 - 2018/19 ( September 2018 )
Duration: 1 Semester
Credits: 5
Field of Study: 3800 - Law
Module Delivered in: 3 programme(s)
Module Description: This module will critically analyse the regulation of international trade within the context of current debates concerning globalisation and good governance. It will also provide the student with an objective analysis of the global issues confronting international companies and policymakers from a legal and economic perspective.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Critically appraise international trade theory and policies and their impact on multinational companies.
LO2 Evaluate monetary policy and contemporary economic phenomena within the global context.
LO3 Critically analyse the public law and private law aspect of international trade law
LO4 Critically evaluate the approaches to dispute resolution in international trade.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Trade Theory and Policy
Global macroeconomic indicators, Trade agreements, Tariffs, Quotas, Subsidies.
Foreign Exchange Market
Current global economic environment, monetary policy, exchange rate determination, exchange rate regimes, mitigating against exchange rate risk.
Private Law and Public Law
The role of private law in international trade. Contract law in international transactions. Conflict of Laws. Public international law. Relationships between sovereign states. The legal status of international trade agreements. Legal instruments and uniform trade terms. Regulation of international payment instruments
Regulatory Framework and Dispute Resolution
The system of regulation utilised by the World Trade Organisation, World Bank and International Monetary Fund. Implementation and monitoring of international trade agreements. Systems for resolving international trade disputes. WTO dispute resolutions mechanism. Dispute resolution in bilateral trade agreements. The use of arbitration in international trade contracts
Module Content & Assessment
Assessment Breakdown%
Coursework100.00%

Assessments

Coursework
Assessment Type Project % of Total Mark 50
Timing Sem End Learning Outcomes 1,2
Assessment Description
Report and presentation on an Irish company operating in a global economy.
Assessment Type Written Report % of Total Mark 50
Timing Week 9 Learning Outcomes 3,4
Assessment Description
An evaluation of an aspect of the regulatory framework governing international trade
No End of Module Formal Examination
Reassessment Requirement
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lecture Every Week 2.00 2
Independent & Directed Learning (Non-contact) Non Contact Independent reading and research Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Independent & Directed Learning (Non-contact) Non Contact Independent reading and research Every Week 5.00 5
Lecture Contact Lecture Every Week 2.00 2
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Krugman, P.R., Obstfeld, M., Melitz, M.. (2014), International Economics: Theory and Policy, Pearson, United States, [ISBN: 9780133826944].
  • Van den Bossche, P and Zdouc, W. (2017), The Law and Policy of the World Trade Organisation: Text, Cases and Materials, 4th. Cambridge Univerity Press, [ISBN: 9781316610527].
Supplementary Book Resources
  • Husted, S., Melvin, M.. (2013), International Economics, 9th. Pearson, United States, [ISBN: 9780321783868].
  • NYU Stern Department of Economics. (2015), The Global Economy, [ISBN: 978151694580].
  • Jason Chuah. (2013), Law of International Trade, 5th. Sweet and Maxwell, [ISBN: 9780414023253].
  • Braithwaite, J and Drahos, P. (2000), Global Business Regulation, Cambridge University Press, [ISBN: 9780521784993].
  • Andreas Lowenfeld. (2008), International Economic Law, 2nd. Oxford University Press, [ISBN: 9780199226].
  • Treblicock, M, Howse, R. and Eliason, A.. (2012), The Regulation of International Trade, 4th. Routledge, [ISBN: 9780415610902].
This module does not have any article/paper resources
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BGLBP_9 Master of Arts in Global Business Practice 2 Mandatory
CR_BBADM_9 Master of Business Administration 2 Mandatory
CR_BGLOB_9 Postgraduate Diploma in Arts in Global Business 2 Mandatory