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Instead of treating international trade and international finance as two disjoint areas of study this book brings together selected papers on both, sometimes overlapping across the two areas. While focusing on frontiers of research in international trade and international finance it also emphasizes the inherent integrated nature of the two subjects. A unique feature of this book is that it unravels some new issues in addition to re-examining certain old issues in a new perspective and it covers wide ranging issues with an emphasis on policy. It contains some survey papers covering the frontiers of current knowledge and also includes several studies on trade and finance in Asia, especially of the Indian economy. The book will substantially contribute to the growing literature on issues relating to trade and international finance in emerging market economies and extend the frontiers of knowledge.