International Trade

Free, Fair and Open?

image of International Trade
International trade affects the price and availability of practically everything we buy. It also plays a role in many other domains, including jobs, the environment and the fight against poverty. OECD Insights: International Trade argues that prosperity has rarely, if ever, been achieved or sustained without trade. Trade alone, however, is not enough. Policies targeting employment, education, health and other issues are also needed to promote well-being and tackle the challenges of a globalised economy.

"The OECD is a major source for insightful analyses of current trade issues. It also plays a role in disseminating skilfully the results of less accessible writings on trade. This short book is a valuable addition to the latter endeavour and should be on the shelf of policy makers." 

-Jagdish Bhagwati, Columbia University

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What's in It for Me?

Trade affects practically everything we buy at some stage, and influences many aspects of our daily lives. Whether this influence is good or bad depends on how you look at things. Trade can be a powerful force for positive developments, but it can also bring problems and uncertainties. It may not be the most important factor determining the prosperity of countries and people, but prosperity has rarely if ever been achieved or sustained without it. Trade must therefore be an important component in any overall economic strategy that aims to generate sustained growth and prosperity.

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