The book presents an overview of the general aspects of trade uncertainty, a central element in the analysis of economic diplomacy, illustrating that some instruments, such as sanctions (both positive and negative), increase trade uncertainty, whilst others--multilateral trade policy, for...

After the end of World War II, the United States, by far the dominant economic and military power at that time, joined with the surviving capitalist democracies to create an unprecedented institutional framework. By the 1980s many contended that these institutions--the General Agreement on...

Introduction 1. - Economic Coercion in Theory and Practice 8 . - Evaluating Sanction Effectiveness 32 . - Why Does the President Sanction? Beyond the Conventional Wisdom 59 . - When Does the President Sanction? An Empirical Analysis 90 . - Is There a Target Selection Bias? 132 . - The Decision...