Research On Theory And Practice Of Multilateral Trading System

Currently, the domestic and foreign academic world study the world trade system mainly based on the aspect of international law. Being one of the three major aspects of international trade research, the research model of international trade system should be in accordance with the traditional international economics research frame. In the late 1990s, with the raising of the research model of the economic of multilateral trading system, the research of the world trade system "comes back" to the international economics research frame, and the goal of combining the economic with the international law has been reached initially.This thesis, through the comparison of different research model of multilateral trade system, mainly presents the idea of research model of the economic of multilateral trading system, analyses its internal logic, provides the answer to the purpose of the existence of trade agreement—every country under the specific government objective function, through institution cooperation game (trade agreement), prevent the government from falling into "the convict difficult position" which is caused by the changes of trade agreement, and carries on the further analysis to the leading feature of multilateral trading system. Based on the above statement, from the aspect of game, the paper points out that the asymmetry in the guidance of the rule of multilateral trading system, the division of international trade profit and the member's strength have determined that the multilateral trade negotiation process is a dynamic game process which competes and cooperates unceasingly, analyses the three obvious features of the multilateral trade negotiation: win-win games based on the evolution; multi-layered cooperation games based on the most superior customs duty combination and the exchange games of market access under wholesale negotiations.The conclusion of the research model of the economic of multilateral trading system has been confirmed by the inspection of the practice and the achievement of multilateral trading system. Although "Doha developing agenda" comes across some setbacks, underlining the deep crisis of multilateral trading system, it doesn't mean the deconstruction of multilateral trading system. The practice of the economic development in the postwar world has proved that: an authoritative and reasonable multilateral trading system benefits all quarters. This article analyzes the difficult position of multilateral trading system from the aspect of Doha round, attempting to find a way for the reform of the healthy development of multilateral trading system.Based on the above understanding of the theory and the practice of multilateral trading, the writer of this paper believes that with the end of our country's "compulsory redemption-period", as one member of WTO and a developing trading country, China must have its own standpoint and the action in promoting the development of multilateral trading system and participating multilateral trading system. China should promote the reform and development of multilateral trading system, further open the market and devote itself to the domestic reform and enjoy the achievement of multilateral trade liberalization on the stage of defending Chinese sovereignty and national interest. Finally, the paper proposes some relative suggestions.