Final Oral Round
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| Final Oral Round Conference |
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Conference on (The Academic Conference of the ELSA Moot Court Competition on WTO law (the EMC2) Final Oral Round event.) ■ Attendance Package 1: US$ 400 ■ Attendance Package 2: US$ 450 ■ ACP Countries* Attendees Package 1: US$ 200 (further discounts are available for ELSA & COLADIC members) ■ ACP Countries* Attendees Package 2: US$ 250 (further discounts are available for ELSA & COLADIC members) ■ Students Package 1: US$ 130 (with further discounts are available for ELSA & COLADIC members) ■ Students Package 2: US$ 180 (with further discounts are available for ELSA & COLADIC members) ■ EMC2 participants: Free entrance Introduction to conference theme
RTAs raise many concerns for the multilateral trading system. They create a complex web of overlapping trade rules that are difficult and costly for companies to navigate. They can divert trade from more efficient to less efficient producers, which can then stimulate investment based on the temporary advantages created by RTAs. They can create resistance to global trade liberalization, since less efficient producers are likely to be displaced in important markets if they lose the preferential treatment they enjoy under RTAs, reducing or even eliminating the viability of the RTA-induced investments. RTA dispute settlement systems can overlap with that of the WTO, increasing the cost of disputes and raising complex issues regarding the choice of dispute settlement forum. RTAs can also lead countries with relatively little bargaining power to make concessions that they might not have made in WTO negotiations. For example, some RTAs have introduced stricter intellectual property rules than those set out in the WTO TRIPS Agreement, which may increase the cost of medical care in their member countries. Many RTAs between developed and developing countries contain provisions regarding environmental protection, labour rights and other social issues, but the legal implication of these provisions is not clear. Finally, it is not even clear which RTAs, or which aspects of specific RTAs, conform to WTO rules. To what extent do RTAs undermine the global trading system?
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