Today’s trade policy makers face different priorities than their twentieth-century counterparts. In the past, they needed to focus on how to open their economies to international trade. Today, policy makers must both sustain that openness in the face of political-economic shocks arising at home and abroad and deepen that openness by further negotiating international cooperation over even some domestic policies. In this Policy Research Talk on April 22, 2014, World Bank economist Chad P. Bown will discussed the intersection of national policymaking and international trade agreements, highlighting the necessary and yet sometimes uneasy co-existence of friction and cooperation.
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