This volume of collected essays by eminent scholars in the fields of International Trade and Investment have been written and edited in honour of H. Peter Gray. Over a career in economics spanning almost 40 years, Peter Gray has been a prolific writer. He has made significant contributions and syntheses in a variety of subfields in international economics; the interaction of national economics and the foreign sector, causes and results of international financial flows, the economics of foreign direct investment, the assignment of policy tools for domestic and international objectives, and the macroeconomic impact of trade policy, among others. He has directly influenced scores of graduate students who continue to carry his passion for inclusiveness of variables in the economic analysis of the causes, effects, and relative importance of shifts in domestic and international economic (and social) variables. Contributors to this volume include John Dunning, John Hagedoorn, Thomas Pugel, Ingo Walter and Gabriel Benito.