As the multilateral trade negotiations launched at Qatar in 2001 reeled from one collapse to another before stalling with no obvious end in sight in 2008, economies seeking new commercial opportunities turned en masse to the pursuit of bilateral and regional free trade agreements (FTAs). Indeed...

The United States in a global economy -- International economic institutions since World War II -- Comparative advantage and the gains from trade -- Comparative advantage and factor endowments -- Beyond comparative advantage -- The theory of tariffs and quotas -- Commercial policy --...