The achieved aim of this book is to examine the role of trade in the transition to a market economy in Central and Eastern Europe. Trade performance in this region is considered in the light of new trade theory and current empirical evidence, with the main – but not exclusive – focus on the Czech Republic, Poland and Hungary. The author addresses key issues such • trade relations between Central and Eastern European countries and the EU, including the Common Agricultural Policy, the role of structural funds and the commodity composition of trade • trading relationships between countries of the Central European Free Trade Association, and between this group and Russia • the legacy of the socialist trading system and the problems inherent in the geographical reorientation of trade Trade and the Transition will be essential reading for all those interested in ascertaining the role of trade as a mechanism for growth. It will be welcomed by policymakers, academics, and researchers alike.