Import Quotas 839
Tariffs Versus Quotas: An Application 839
Trade-Remedy Laws and Non-Tariff Barriers 840- 3 Current Trade Policy 842
The GATT and the WTO 842
Regional Trade Agreements 842
Trade Creation and Trade Diversion 843
The North American Free Trade Agreement 844
Summary 848
Key Concepts 849
Study Exercises 849
Mathematical Notes M-1
Timeline of Great Economists T-1