Jagdish Bhagwati says that the pessimism and despair that often overwhelms free traders today is unwarranted. The arguments of protectionists, new and old, are just so many myths that can be successfully challenged.

Martin Baily, Matthew Slaughter, and Laura D'Andrea Tyson discuss a new study about how the United States is in a new era of global competition to attract, retain and grow the operations of multinational companies that it's never faced before.

The WTO's Pascal Lamy discusses global trade and the state of the international economy.

The WTO's Pascal Lamy discusses global trade and the state of the international economy.

Walter Russell Mead discusses fundamental changes in China's labor force.

Sharon LaFraniere interviews North Koreans on the dire situation of the state-run economy in North Korea in the aftermath of the November 30, 2009 currency devaluation.

Richard N. Haass says the United States can send a message to North Korea by signing the Korea-U.S. Free Trade Agreement.

Jagdish N. Bhagwati and Arvind Panagariya argue that it is a mistake for India to join the United States in "China bashing" over the value of the renminbi. With its savings rate high and rising, India too could run into the Chinese "problem" of a current account surplus.

Environmental politics expert Pamela Chasek says the failure to protect a number of endangered marine species from international trade under a global treaty underscores the continuing tensions between short-term needs and sustainable development.

Edward Alden explains why there has been no surge in trade protectionism despite the worst economic downturn in 80 years.

Matthew Slaughter argues that tax increases on the foreign operations of U.S. based multinationals would not create American jobs, but destroy them. For many global firms there is an inherent complementarity between foreign and U.S. operations.

President Barack Obama had his only trade request last year shot down by lawmakers. He may be lucky to get any through Congress this year as well.

This CRS paper argues that while the West has little leverage over North Korea, China and Russia can exert pressure on the country due to their extensive trade relationships with Pyongyang.

Proposals that any carbon tax in developing countries which falls below the one in the developed countries should be offset through other means like border taxes spring from fears that have no basis in economic analysis, write Jagdish Bhagwati and Arvind Panagariya.