The last decade has witnessed important developments in international trade policy, at both multilateral and regional level. This book provides an extensive, in-depth analysis of the theoretical and policy considerations which underlie these developments. The work discusses: key theoretical and policy issues, including those which govern many current trade disputes; the results of the Uruguay Round of trade negotiations and their effect on policy; the major issues involved in setting up regional trading areas; the likely future agenda for the newly created World Trade Organisation.With trade negotiations becoming increasingly complex, International Trade Policy: A contemporary analysis presents a clear and up-to-date guide to contemporary policy and the theory upon which it is based.