Preferential trading arrangements (PTAs) have spread widely over the past fifty years. During the same era, multilateral openness has grown to unprecedented heights, spurred by the General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO). If the...

In recent decades, the international economy has witnessed profound changes. International Trade and the New Global Economy includes key papers on the leading research discussing the links between these changes and international trade. Written by an outstanding set of distinguished economists...