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This second edition takes account of the important changes that have swept the field since the end of the Cold War, including the rapid growth and change in commercial space-launch services, increasingly important issues of international trade in space-related goods and services, the expansion of space-based communications services, and the move to rethinkand perhaps rewritethe Moon Treaty. Charting the legal and political outlines of the last frontier, the volume offers extensive excerpts from major works in the field of space law to provide a sense of the many different interests and schools of thought that are shaping space policy.