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The Political Economy of the World Trading System: From GATT to WTO, by Bernard M. Hoekman

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The objective of mercantilist policy is a trade surplus-ensuring that the value of exports exceeds the value of imports.
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The Political Economy of the World Trading System: From GATT to WTO
The Political Economy of the World Trading System: From GATT to WTO
by Bernard M. Hoekman
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