This updated second edition of one of the leading textbooks on world trade law offers what is, in a number of ways, a unique perspective on this important subject. Combining the best aspects of both a casebook and treatise, this comprehensive textbook provides detailed explanations and analysis of the law to help understand the issues, as well as case extracts to offer a flavor of the judicial reasoning of trade adjudicators. Moreover, the book is truly global in outlook, being equally useful for students of international trade law in the US, the UK, Europe, Asia, and elsewhere in the world. This edition includes in-depth discussions of the most recent developments in international trade jurisprudence, setting out important precedents that help establish the boundaries between global trade rules and domestic national autonomy. The implications of these rulings will be of great interest to traders, investors, government negotiators, and even critics of globalization.