shows that borders and distance impede trade by much more than tariffs or transport costs can explain. We therefore advocate …

, price dynamics are driven by domestic productive shocks and international prices. Trade and/or storage policies are …, optimal combination of storage and trade policies results in a powerful stabilization of domestic food prices. Such a policy …

This paper begins with a review of the domestic sources of US trade policy and the external influences on that policy … paper moves next to consideration of competition policies and their role in affecting trade patterns and the distribution of … the gains from trade. Next on the agenda is a discussion of the political economy of globalization and its implications …