Three Questions for Policymakers on the Future of Trade

From the Ishiyama-gire, Ki no Tsurayuki ~945, Image courtesy of Smithsonian National Museum of Asian Art.

International trade is taking a big hit during the COVID 19 pandemic, but what will happen to global trade and trade governance in the coming years is anyone’s guess. Fallout from the virus is likely to accelerate some trends that were already underway, including on global value chains, and services and intangibles trade. What can and should policymakers do to address the immediate threats of…