Trade and Investment courses fall under a general category of law that is sometimes called international economic law (IEL). A narrow definition of international economic law embraces trade, investment and services when they are involved in transactions that cross national borders. Trade rules cover not only trade in goods, but also services and intellectual property. Many of these transactions contain arbitration clauses in case of breach of contract. Arbitration can be between private parties or between the state and private party. The WTO and other regional and bilateral trading agreements are also rule-making bodies and are interested in domestic administrative structures of states. For that reason, students’ interests in IEL should also be familiar with domestic administrative law. The WTO has a dispute settlement mechanism that addresses conflicts between states. It has a highly developed jurisprudence those students’ interests in working in public and private sector need to be aware of. Classes that discuss dispute settlement of the WTO are useful and relevant as they address larger issues facing the global community, from environmental protection, workers rights, access to medicine, protection of traditional knowledge, to classical trade problems, such as subsidies, dumping, tariffs, quotas and other forms of non-tariff barriers and discriminatory treatment.