In this book, top economists provide a concise and accessible evaluation of major developments in trade and trade policy. Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early. The papers in this volume are specially commissioned from first-class economists and experts in the policy field and each paper is discussed by a panel of distinguished economists. With editors all based at top European economic institutions, this volume provides a unique approach to and alternative interpretations of the evidence.