The repeated failures since 2001 of global trade negotiations and continuing uncertainties about the ultimate success of mega-regional trade agreements, like the recently concluded TransPacific Partnership, have raised widespread questions about the future of global trade policy. In Trade in the 21st Century, two distinguished experts argue that, despite appearances to the contrary, not only is trade policy alive and well, but also that there are grounds for optimism about the prospects for international trade and investment growth in the twenty-first century.