This updated third edition of what has become a modern classic provides a succinct overview of the fundamental concepts of international trade law. Written by two leading scholars with 70 years of collective experience in the area, it discusses the basic structure and principles of trade law alongside specific GATT and WTO legal rules and institutions. Key Features: * Presents accessible analytical summaries of trade law * Considers key legal concepts in diverse historical, political and economic contexts * Explores new areas including sustainable development, digital trade, gender, and security exceptions * Makes connections between different areas of trade law to create an integrated summary of the field * Includes extensive updates to refer to the most recent cases, decisions, and treaty negotiation developments Interdisciplinary in scope, this authoritative third edition is designed for students and scholars of law, economics, political science, and international relations. Its