| List of Illustrations | |
| Acknowledgments | |
| Introduction | 3 |
| Ch. 1 | Early Foreign Trade Doctrines | 11 |
| Ch. 2 | The English Mercantilist Literature | 26 |
| Ch. 3 | The Emergence of Free Trade Thought | 45 |
| Ch. 4 | Physiocracy and Moral Philosophy | 64 |
| Ch. 5 | Adam Smith's Case for Free Trade | 75 |
| Ch. 6 | Free Trade in Classical Economics | 87 |
| Ch. 7 | Torrens and the Terms of Trade Argument | 101 |
| Ch. 8 | Mill and the Infant Industry Argument | 116 |
| Ch. 9 | Graham and the Increasing Returns Argument | 138 |
| Ch. 10 | Manoilescu and the Wage Differential Argument | 153 |
| Ch. 11 | The Australian Case for Protection | 172 |
| Ch. 12 | The Welfare Economics of Free Trade | 180 |
| Ch. 13 | Keynes and the Macroeconomics of Protection | 189 |
| Ch. 14 | Strategic Trade Policy | 207 |
| Conclusion: The Past and Future of Free Trade | 217 |
| References | 231 |
| Index | 253 |