This book investigates the economic tools and frameworks necessary for analyzing services trade within the context of international trade negotiations, specifically examining the Uruguay Round. Patrick A. Messerlin, an economist with expertise in international trade, utilizes economic principles and case studies to dissect the complexities of services trade. The book analyzes the economic characteristics of services production, delivery modes, the impact of the global environment, and existing regulations and protections across different countries. It aims to inform delegations negotiating a framework agreement by balancing the costs of adjustment with the benefits of liberalization.

The book is structured to provide a comprehensive economic analysis of services trade, offering a detailed examination of its characteristics and regulatory landscape. It aims to equip negotiators with the analytical tools and country-specific insights needed for the Uruguay Round. The approach suggests a dense, data-driven text intended for specialists and policymakers involved in international trade discussions.