In This Review
The Political Economy of International Trade

The Political Economy of International Trade

By Ken Heydon

Polity Press, 2019, 240 pp.

In recent years, the Trump administration has attacked and hobbled the World Trade Organization. Heydon, a former Australian trade official, provides a useful description and analysis of the predicament of the WTO, delving into how countries have had to negotiate trade agreements outside the multilateral framework of the organization. Heydon analyzes 21 case studies drawn from many countries that explain how the world trade system has worked (or failed). The book serves as a well-written introduction to the world trading system as it actually exists today and is also a good reference for readers who want to pursue more granular topics, such as trade in intellectual property or national support for agriculture.