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Over the past two decades there has been a gradual but fundamental change in the nature of trade protection. Even as international negotiation has succeeded in

Scholarly survey of current developments, including the Heckscher-Olin theory, and practical applications in commercial policies of Europe and the U.S.A.

"Through a combination of text, quotations, cartoons, tables, charts, and graphs, Bhagwati ... looks at the forces for and against protection."--Jacket.

A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —E

The global financial crisis of 2008/9 is the Great Depression of the 21st century. For many though, the similarities stop at the Wall Street Crash as the curren