TRADE 7005 - Agriculture and Food in International Trade

This intensive course includes such topics as the rules, policy, and economic realities governing trade in agriculture and food. Module 1 typically begins by mapping out the historical evolution of the institutions and rules that govern trade in agriculture. It then typically moves on to a discussion of the Uruguay Round Agreement on Agriculture. This module also typically discusses the Doha Round and why it failed, as well as looking at the current state of the WTO. Module 2 typically discusses the different forms of trade barriers that impede trade of these products, and what firms and governments can do to overcome these barriers. This module also typically discusses some of the major trade disputes that the WTO has had in the area of agricultural trade, and how these disputes were resolved. Finally, Module 3 typically discusses recent developments, such as sharpened concerns over food security due to supply chain disruptions and inflation, the rise in trade tensions and volatility caused by increasing geopolitical competition as the trading system becomes characterised by increasing multipolarity, and technological developments such as big data and IT.