Nikolai Ziegler
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The Political Economy of International Trade Negotiations (eBook, PDF)

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One proposition from economics that is both true and non-trivial is the Ricardian concept of comparative advantage. Its logical corollary - that governments should not intervene into international trade - is almost universally endorsed within the discipline. Hence, economists remain short of a clear grasp of international trade negotiations - be these held under the auspices of the WTO or elsewhere. Why do governments need protracted negotiations to do what is in their own countries' best interest? What purposes do trade negotiations and agreements serve? Assorting a host of arguments from the...

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