The expansion of international trade has been a powerful engine driving economic growth over the last two centuries. At the same time, trade has provoked an enormous amount of political conflict, since it has disparate effects on groups within every economy. This research project has focused on the way political conflict over trade is shaped by asset specificity: that is, the degree to which occupational skills and capital are specialized for use in particular firms and industries. Specificity shapes trade politics and has important implications for discussions of trade adjustment assistance programs.