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...

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...