trade rests upon errors, or, if you prefer, upon half-truths.”1 Ever since Adam Smith successfully replaced mercantilist … orthodoxy with free trade doctrine in his celebrated book The Wealth of Nations, free trade critics have repeatedly challenged … the doctrine, offering half-truths to bolster their case. In each instance, free trade advocates have successfully exposed …

-1823), economists have known that international trade is desirable and beneficial for both trading partners. But the continuing debate …

Trade regulation may never have been in more flux than it is nowadays. Apart from the emergence of ‘megaregionals … interests within the World Trade Organization (WTO) puts into question its ability to achieve its central objective of free …(r) trade. While internally rethinking the future of the WTO, it seems opportune to discuss, and factor in the realities of …

Over the past two decades, globalisation has given a boost to world trade, has grown one and a half times faster than … world output, and the difference has even been considerably higher in recent years as world trade growth accelerated very …

negative shock to the global economy that is comparable with the Great Depression of the 1930s. International trade suffered a … historical collapse in 2009, but trade flows quickly rebounded thereafter. And unlike the Great Depression of the 1930s, the … in many countries’ trade policies during the crisis and, hence, a quite notable increase in the incidence of …

Whether international economic integration arrangements result in a more liberal trade at the multilateral level cannot … the Trans-Pacific Partnership, Regional Comprehensive Economic Partnership and Transatlantic Trade and Investment … Partnership are under negotiation. The American policy of creating trade rules for decades to come without the involvement of …

protectionism as expected. Nevertheless, numerous countries have adjusted their trade policies during the financial crisis to … incidence of the newly introduced trade restrictive measures. Starting from a brief overview of the current situation in the … global economy, the paper highlights the main trends in the recent evolution of trade protectionism. It takes stock of the …