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Table of Contents, Section 1: Introduction "Supachai Panitchpakdi"Section 2: New Trade Strategies in the Americas. The Past 20 years of TradePolicy: What Have We Learned so far and What are the Lessons for LatinAmerica? "Michael Hart." New Trade Strategies in the Americas "SherryStephenson." The FTAA-WTO Divide: The Political Economy of Low Ambition"Mario A. Marconini." Trade Liberalization as a Moral Imperative "RichardFisher" Section 3: Regional and Sub-regional Agreements in the WesternHemisphere. NAFTA Regionalism in North America: NAFTA and the Mexican Case"Victor Lopez Villafane and Mariana Rangel Padilla." CACM Central America ina Free Trade Area for the Americas "Alberto Trejos." MERCOSUR MERCOSUR andUS: No Finishing Date "Felipe Frydman." Caribbean: The Caribbean Community -Integration among Small States "Anneke Jessen." Other Trends in LatinAmerican Integration: An Overview "Osvaldo Rosales, Jose E. Duran Lima,Sebastian Saez" Section 4: Results of North American and Hemispheric TradeNegotiations. Does the FTAA Have a Future? "Jeffrey Schott." Competing forthe US Import Market: NAFTA and Non-NAFTA Countries "Jorge Chami Batista."Beyond FTAs: Deepening North American Integration "Wendy Dobson" Section 5:Interaction of Regional and Global Trade Agreements. Interactions ofRegional and Global Trade Agreements "Sylvia Ostry." Interactions betweenRegional and Global Trade Agreements "Gary Hufbauer." Cleaning up theSpaghetti Bowl "John Curtis." Isolation, Intervention, and Exchange Rights:Principles in Trade Theory "Earl Grinols" Section 6: Afterword "JosephMcKinney, H. Stephen Gardner"