Cooperation and Governance in International Trade: The Strategic Organizational Approach

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International trade liberalization historically has taken many organizational forms--unilateral, bilateral, minilateral, and multilateral. Given the proliferation of normative views about which of these should be pursued, economists and political scientists have devoted surprisingly little attention to the reasons for the observed variation in the

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"[A] thoughtful book... The Yarbroughs are to be commended for directing our attention to this neglected issue in trade theory as well as for their imaginative integration of insights from a variety of professional disciplines... Their argument ... challenges us to think more, and more systematically, about the core issue of governance that makes trade liberalization possible. For that reason alone, the book deserves to reach a wide audience."--Journal of Economic Literature