What are the major costs of maintaining the current system of agricultural subsidies in the developed world? Why are developed countries reluctant to reduce such subsidies significantly?

List and explain five major instruments governments use to restrict trade.

Why are producer interests likely to be overrepresented and consumer and citizen interests underrepresented in trade policy discussions?

Is strategic trade policy an appropriate policy, or is it unworkable?

Why was there a trend toward greater protectionism between 1980 and 1993?

How successful has the WTO been in promoting more liberalized trade?

What are some WTO concerns that need to be resolved in the future?

What are the four issues at the forefront of the current WTO agenda?

What is the economic rationale of countervailing duties?

Describe the differences between the political and economic arguments for government intervention in international trade.

What are the pros and cons of the infant industry argument?