I explore whether the world trading system of the twentieth century can be adapted to address the challenges of the twenty-first. I first develop an understanding of how GATT functioned during the twentieth century, and which features of the economic environment were most important in...

Front Cover -- Handbook of Commercial Policy -- Copyright -- Introduction to the Series -- Contents -- Preface -- Contributors -- Part I: Commercial Policy: Empirical Facts, Determinants and Effects -- Chapter 1: The Empirical Landscape of Trade Policy -- 1. Introduction -- 2. Import Tariffs --...