Fundamental changes in recent decades have heightened the need for
new and viable solutions to the problems of world trade. In the new
climate of internationalisation an expanding number of firms are
engaged in international trade, barriers have been coming down, and
trading blocs, whose members may share the advantage of lower
tariffs and the absence of quotas, are beginning to predominate.
Such systems, however, have a generally negative impact on global
trade and can be catastrophic for developing and non-industrialised
economies.
The degree of recent change has created an uncertainty that now
demands new global trade systems - a new set of rules for the new
environment. This book tackles some of the unresolved issues in
international trade that will continue to press into the next
century: the continuing controversy over NAFTA; globalised trade
policy agreements vs local trade agreements; global leadership; the
development and impact of the WTO; the Single European Market;
trade controls; transition economies; trade policy reform; global
airline competition; competition in financial services; trade wars;
trade policies; commercial policy, and international technology
cooperation.
General
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