We analyze two main theories of international trade, the Heckscher-Ohlin theory and the Increasing Returns trade theory, by examining whether they can account for the empirical success of the so-called Gravity Equation. Since versions of both models can generate this prediction, we tackle the...

This chapter focuses on the events leading up to, and the aftermath of the formal suspension of the Doha Round in July 2006.

The enforcement record of the 1990s shows that private international cartels are not defunct--nor do they always fall quickly under the weight of their own incentive problems. Of a sample of 40 such cartels prosecuted by the United States and the European Union in the 1990s, 24 lasted at least...

type="main" <title type="main">ABSTRACT</title> <p>The factors responsible for the spatial reorganization of contemporary manufacturing are presented here and the predictive power of long-standing notions of comparative advantage revisited. While a growing number of commercial tasks and technologies are in principle mobile...</p>

How can international trade agreements promote development and how can rules be designed to benefit poor countries? Can multilateral trade cooperation in the World Trade Organization (WTO) help developing countries create and strengthen institutions and regulatory regimes that will enhance the...