INTERNATIONAL TRADE POLICY FORMATION

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The book presents a comprehensive collection of Wolfgang Mayer's influential articles on international trade policy formation, spanning theoretical and practical dimensions. It begins with an exploration of the Heckscher-Ohlin framework, assessing its robustness under various assumptions. Subsequent sections discuss first-best trade policies relevant to GATT negotiations, the political economy influencing policy deviations, and the challenges faced by International Financial Institutions in promoting effective reforms. This volume aims to enhance understanding of trade policy dynamics through Mayer's significant contributions.