Charan Devereaux

Between 1992 and 2000, US exports rose by 55 percent. By the year 2000, trade summed to 26 percent of US GDP, and the United States imported almost two-thirds of its oil and was the world's largest host country for foreign investors. America's interest in a more open and prosperous foreign market is now squarely economic. These case studies in multilateral trade policymaking and dispute settlement explore the changing substance of trade agreements and also delve into the negotiation process-the who, how, and why of decision making. These books present a coherent description of the facts that will allow for discussion and independent conclusions about policies, politics, and processes. Volume 2 presents five cases on trade negotiations that have had important effects on trade policy rulemaking, as well as an analytic framework for evaluating these negotiations.

Trade policy has moved from the wings onto center stage. Between 1992 and 2000, US exports rose by 55 percent. By the year 2000, trade summed to 26 percent of US GDP, and the United States imported almost two-thirds of its oil and was the world's largest host country for foreign investors. America's interest in a more open and prosperous foreign market is now squarely economic. This volume presents cases on five important trade negotiations, all focused on "making the rules," or the process of establishing how the trade system would operate. The cases not only explore the changing substance of trade agreements but also delve into the negotiation process. They explore not just the what of trade, but the who, how, and why of decision-making. By examining some of the most important recent negotiations, the reader can come to understand not just the larger issues surrounding trade, but how players seek to exert influence and how the system is evolving on a day-to-day basis. This book presents a coherent description of the facts that will allow for discussion and independent conclusions about policies, politics, and processes.

These case studies in multilateral trade policymaking and dispute settlement explore the changing substance of trade agreements and also delve into the negotiation process-the who, how, and why of decisionmaking. They allow the reader to see how trade policy actually works and are an ideal way to bring the reality of trade policy into the classroom. The books present a coherent description of the facts that will allow for discussion and independent conclusions about policies, politics, and processes. Volume 1 presents five cases on trade negotiations that have had important effects on trade policy rulemaking, as well as an analytic framework for evaluating these negotiations and introductions to the policy issues each case is concerned with. Volume 2 presents six case studies on key trade disputes at the WTO as well as an introductory essay dealing with dispute resolution in the trading system.