establishment of a rule-based multilateral trading system administered by the World Trade Organisation (WTO) has been an important … explores three of those challenges. The first is the expanding scope of protectionism implied by the policy response of …

multilateralism and rise in trade protectionism at the heels of the new US- led trade war with China. Other signs of change include … globalization and argues that the changes suggest the decline of the liberal international order on which the world had been …

Recent trends suggest the world economy may be tending towards an equilibrium with two distinct trading blocs, each … emphasizes the joint determination of countries' portfolio choices and trading currency. We find that unilateral protectionism on …