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Nowadays, both regional trade agreements and multilateral trade agreement has developed greatly. With the explosion of international treaties, the conflicts among different treaties also arise, which would result in the unpredictability of implement of treaties. Therefore, the interpretation of treaties as a possible way to avoid conflicts is increasingly focused. With the development of world economy and the continuous adjustment of industrial structure, as well as the deepening of international division of labor and the improvement of science and technology, trade in service are playing an increasingly pivot rule in the global economy. This is the reason why this article takes regional trade in service as its topic.
Besides, as China’s second largest trade partner, the United States has the most significant role in global economy. Studying regional agreements of the U.S regarding trade in service will not only help us understand the provisions of other powerful economies, but also shed some lights on the development of China’s regional agreements regarding trade in service.
Taking historical analysis, textual analysis, comparative analysis and empirical analysis as main methodology, this article reviewed the history of U.S. regional trade in service agreements, and characterizes the U.S. style on the basis of comparison of multiple U.S RTAs. In addition, this article further studies Article V of GATS and RTAs, clarifying the relationship between RTAs and multilateral trade arrangement. Through empirical analysis, this article also studies the possible conflict between RTAs and multilateral trade agreement from the perspective of quantitative restrictions and the method adopted by the panel and Appellate Body in practice, as well as discusses whether there is any other ways to solve those conflicts and what they are. Finally, this article gives some suggestion to China based on the analysis mentioned above.
The first part of this article review
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