, trade facilitation is essential to lowering overall trade costs and increasing economic welfare, in

acknowledged, scholars and policy-makers disagree vehemently about whether globalization is inevitable; whether

post-recession. Though it contains no equations, Understanding Global Trade is mathematical in its

globalization is something that has been with us as long as there have been people who are both interdependent

, globalization is subject to very different and often explosively divergent interpretations. Where some see

policy, this book explores the following research questions: to what extent is the global trading regime