With the growing economic interdependence of the world, understanding the WTO and international trade law increasingly becomes important. More Korean manufactured and agricultural products are being exported. With as much as 50% (or more) of profits of some major U.S.corporations coming from transactions across or outside U.S. borders, it does not seem exaggerating to suggest that, in the next few decades, a very high percentage of lawyers will encounter problems of the sort that require an understanding of the role of law (or lack of law) in international affairs. Under this background, the basic objective of this

course is to give the student an in depth overview of the world trading system and international trade, with some experience in particular details. The course encourages an understanding of the system and international contracts through the study and analysis of original materials in a systematic way, designed for students who may practice in the subject area (either in private firms or government positions), or for students who would like to have an understanding of them for personal, scholarly or leadership reasons.