EU Trade Law
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EU Trade Law

Rafael Leal-Arcas

This comprehensive book provides a thorough analytical overview of the European Union’s existing law and policy in the field of international trade. Considering the history and context of the law’s evolution, it offers an adept examination of its common commercial policy competence through the years, starting with the Treaty of Rome up until the Treaty of Lisbon, as a background for understanding the EU’s present role in the World Trade Organization (WTO) framework.
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Chapter 12: Conclusion

Rafael Leal-Arcas

Abstract

Much of this book has been an institutional analysis of the EU’s decision-making process in trade policy. By institutional analysis, is meant the creation of a conceptual framework in which to assess the trade-offs among the various mechanisms of public policy to ensure oversight of EU trade policy. All proposed mechanisms should be understood and assessed in terms of how well they permit the actors to participate in the decision-making process that affects them in an unbiased manner, compared to other realistic, non-idealized institutional alternatives. The focus has been on a binomial variable, i.e., efficiency versus accountability (technocratic versus democratic trade policy) at the national and supranational levels.

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