During the second half of the twentieth century, competition policy has been accorded an increasingly prominent role in the policy portfolios of industrialized nations. Since the late 1940s, when twenty-three nations ratified the first General Agreement on Tariffs and Trade (GATT), tariff...

Foreign direct investment in low-wage, low-skill activities -- Improving the treatment of workers at the bottom by providing a path up from below -- Core standards for the treatment of workers around the world -- WTO-based enforcement of core labor standards -- Voluntary mechanisms for improving...