Recognized for its cultural significance, this work contributes to the foundational knowledge of civilization. It has been chosen by scholars for its importance, highlighting its role in understanding historical and societal developments.
Focusing on the intricate dynamics of trade liberalization, this book examines the interplay between universal multilateral agreements and preferential trade agreements. It addresses significant, previously unexplored questions while revisiting unresolved discussions in the literature. By combining analytical insights with practical examples, the text introduces innovative measurement methods for assessing the effects of liberalization and trade preferences. The revised edition includes findings from two key studies that analyze the impact of liberalization on trade structures and regional trade patterns.