Trade Policy Reform: Lessons and Implications

This book contains a series of papers presented at the final conference sponsored by the Trade Expansion Program (TEP). The first chapter provides an overview of some of the lessons learned from the TEP's experience, among others, that trade policy reform is facilitated by the macroeconomic stability, even, though the last one, not necessarily needs a full attainment; that trade policy reform will only prove worthy when foreign exchange mechanisms are properly allocated; that trade reforms ...