Theory and policy experienced a number of essential changes. Starting in 19th century from deliberations on factor endowments and trade, as a consequence of new and hardly envisioned trade patterns in the 20th century. While theory was rather quick in taking up these new developments, policy...

Multilateral trade negotiations limited to agriculture started again in March 2000. Set out in Article 20 of the Agreement on Agriculture, they are among the WTOs built-in agenda commitments which Member countries entered into when signing the Final Act Embodying the Results of the Uruguay Round...