PART I: FOUNDATIONS AND MODELLING FRAMEWORKS Editorial Overview International Trade in the Long Run; R.Ruffin General Equilibrium Trade Theory; A.Woodland The Empirics of General Equilibrium Trade Theory; D.Bernhofen General Equilibrium Trade Theory and Firm Behaviour; G.Ottaviano & K.Behrens Firms' Internationalization Strategies: The Evidence; D.Greenaway, R.Kneller & D.McGowan Oligopoly and Trade; D.Leahy & P.Neary Multinational Firms; J.Markusen PART II: POLICY Theory of Trade Policy and Reform; R.Falvey & U.Kreickemeier Political Economy of Protection; B.Ethier Measurement of Protection; J.Anderson On the Theory and Empirics of Preferential Trade Agreements; P.Krishna Trade Agreements; C. Kowalczyk & R.Riezman PART III: SPECIAL TOPICS Trade and Labour Markets; C.Davidson & S.Matusz Trade and the Environment; B.Copeland Economic Geography: A Review of the Theoretical and Empirical Literature; S.Redding Gravity Equations and Economic Frictions in the World Economy; J.Bergstrand & P.Egger Computational General Equilibrium Modeling of International Trade; J.Francois & W.Martin Trade and Economic Growth; P.Segerstrom Trade, Trade Policyand Development; C.Milner International Migration; N. Gaston & D.Nelson