Problems of world trade are one of the many international economic challenges that still remain despite the development of the "new world order" over the past twenty years. Clearly, a workable economic order has not yet been achieved, and this book aims to explore the significance of various issues in international trade that may be instrumental in bringing it about.
International trade topics - both theoretical and applied - are discussed from a number of perspectives: the Anglo-Saxon, the Pacific-Asian, the European, and from a number of developing economies. The contrasting points of view in these 25 papers will help improve the reader's understanding of the various sources of conflict and cooperation in relation to many of the specific issues, such as exports, trade in services, trade agreements, and foreign direct investment, that affect the world economy and its progress towards a new world order.