The evolution of international trade theory and policy -- The most favoured nation principle -- The national treatment principle -- Dispute settlement -- Trade, exchange rates and the balance of payments -- Tariffs, rules of origin and regional trading arrangements -- Trade policy and domestic health -- Anti-dumping laws -- Subsidies and countervailing duties -- Safeguard regimes -- Trade and agriculture -- Trade and services -- Trade-related intellectual property (TRIPs) -- Trade and investment -- Trade and developing countries -- Trade and the environment -- Trade and labor rights -- Trade and competition policy -- The international movement of people -- Concluding remarks.