Providing the definitive analysis of the establishment and operation of international trade agreements by one of the most influential experts in the field, this book examines the economic rationale behind the current framework of international trade, and investigates the role of trade agreements in securing the benefits of a global economy.

1. From GATT to the WTO ; 2. Quantitative Restrictions, Tariffs, and Fees ; 3. Most Favoured Nations, Special and Differential Treatment for Developing Countries, and Preferential Trade Agreements ; 4. Domestic Instruments ; 5. Deviating from WTO Obligations ; 6. Agreements Dealing with Customs Procedures ; 7. Contingent Protection and Antidumping ; 8. Subsidies ; 9. Safeguards and Continent Protection Revisited ; 10. Technical Barriers to Trade and the Agreement on Sanitary and Phyto-sanitary Measures ; 11. The Agreement on Agriculture and the Agreement on Textiles and Clothing ; 12. Government Procurement ; 13. Transparency ; Conclusions

`Petros Mavroidis, the leading trade jurist of his generation, has written an astonishingly effective text which has trained large numbers of the best trade lawyers recently, as I can testify having worked with it in Columbia Law School classes where I have co-taught WTO Dispute Settlement Law for some years. The second edition makes it yet better; no rival text comes remotely close in its erudition and its comprehensiveness.' Jagdish Bhagwati, University Professor, Economics and Law, Columbia University `Petros Mavroidis is to International Trade Law is what Lawrence Tribe is to American Constitutional Law: An exacting law book which is also a penetrating book about the law. Doctrine and theory, text and context, are interwoven into the most authoritative work in the field.' JHH Weiler, Director, the Jean Monnet Centre for International and Regional Economic Law & Justice, NYU School of Law. `Petros Mavroidis is one of a handful of GATT/WTO legal scholars with a deep knowledge and understanding of economics and unique for his collaboration with economic scholars. This book offers the best treatment yet of the WTO law in goods trade, which will appeal equally to lawyers and economists. A veritable tour de force!' André Sapir, Professor of Economics, Université Libre de Bruxelles, and Former Economic Advisor to the President of the European Commission `The second edition of Petros Mavroidis' treatise on GATT provides an up to date treatment of its core features and leading cases, thoughtfully blending history and legal doctrine with economic considerations that help to explain its logic and structure. Suggestions for reform may be found throughout as well. No serious student of the WTO can afford to be without this book.' Alan O. Sykes, James and Patricia Kowal Professor of Law, Stanford Law School

The definitive work on all aspects of trade in goods by one of the most important experts on international trade Provides a clear and comprehensive analysis of international trade agreements, such as the WTO Agreement on Subsidies and the WTO Agreement on Safeguards Explains the fundamental economic rationale for the creation of trade agreements, clarifying the justifications for the current framework of international economic law Offers thorough analysis of the case law of the WTO's judicial bodies

Petros C. Mavroidis teaches WTO Law at EUI (Florence) and the University of Neuchâtel (Switzerland) on leave from Columbia Law School where he is Edwin B. Parker Professor of Law. He acted as Chief Reporter for the American Law Institute (ALI) project on WTO entitled 'Principles of International Trade: the WTO'.

The definitive work on all aspects of trade in goods by one of the most important experts on international trade Provides a clear and comprehensive analysis of international trade agreements, such as the WTO Agreement on Subsidies and the WTO Agreement on Safeguards Explains the fundamental economic rationale for the creation of trade agreements, clarifying the justifications for the current framework of international economic law Offers thorough analysis of the case law of the WTO's judicial bodies