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Contents
Acknowledgements and Disclaimer  2
Foreword by the Director-General  3
executive summary  5
I      The trade situation in 2009-10  18
II  Trade in natural resources  38
  A   Introduction  40
  B natural resources: Definitions, trade patterns and globalization  44
  1.   Definitions and key features of natural resources  46
  2.   Natural resource trade flows and related indicators  54
  3.   Modes of natural resources trade  59
  4.   Natural resources: Globalization and the intellectual debate  63
  5.   Conclusions  70
c trade theory and natural resources  72
  1.   Trade theory and resource distribution  74
  2.   Trade theory and resource exhaustibility: The problem of finite supplies  75
  3.   Trade theory and resource exhaustibility: The problem of open access  81
  4.   Natural resources and the problem of environmental externalities  87
  5.   The natural resource curse  91
  6.   Natural resources and price volatility  97
  7.   Conclusions  107
  D trade policy and natural resources  112
  1.   Trade and other policy instruments in the natural resource sectors  114
  2.   Trade policy, resource distribution and exhaustibility  123
  3.   Trade policy and exhaustibility: The problem of open access  130
  4.   Natural resources externalities and environmental policy  136
  5.   The political economy of trade policy in natural resource sectors  138
  6.   National resource abundance and regional integration  141
  7.   Conclusions  147
e  natural resources, international cooperation and trade regulation  160
  1.   Trade in natural resources and WTO rules  162
  2.   Other international law and natural resources  176
  3.   Trade-related issues affecting natural resources: Challenges ahead  183
  4.   Conclusions  196
  F  conclusions  200
statistical appendix   204
Bibliography  229
technical notes  240
Glossary  244
Abbreviations and symbols  245
List of figures, tables, boxes and maps  247
Wto members  251
Previous World trade Reports  252