Written in the context of contemporary theoretical debate in
international political economy,The text argues that state policy
proces ses, this text overturns a number of myths about the
political economy of trade in one of the oldest areas of industry.
It systematically links the changing characteristics of the trade
regime to structural change and adjustment in global industry.
International regimes and the industrial adjustment strategies of
firms must be conceptualized as integrated processes of governance
cutting across levels of analysis in the global political economy.
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