This Briefing Note sketches the standard arguments for trade liberalization, reviews the empirical evidence for its beneficial effects, and examines some of the institutional factors that can complicate the presumed linkages between a policy of trade liberalization and its intended or desired effects. The outcome is some questions which need further research.
IPPG Briefing Paper No. Four, DFID, London, UK, 3 pp.
Institutions and Trade Liberalism.