This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming "continuum-Pollak" preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a small...

This paper reviews progress towards a new trade agreement under the Doha Development Agenda. A hitherto-unnoticed empirical regularity suggests that post-Cancun pessimism may be unwarranted. Some of the key contentious issues are examined, including agricultural and manufacturing trade barriers,...