Date Added: Oct 2009
The authors consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. The authors review recent developments in the relevant theoretical and empirical literature. And the authors describe the GATT/WTO architecture and briefly trace its historical antecedents. The authors suggest that the existing literature provides a useful framework for understanding and interpreting many central features of the design and practice of the GATT/WTO, and the authors identify key unresolved issues.