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This book includes up-to-date studies of regional integration efforts in all major parts of the world, especially North America, South America and East Asia. In many cases these efforts are compared with the EU, where integration has progressed much further. Some important questions are asked: What explains the variation in achievements? What kind of agreements and institutions are needed to produce regional integration? Is 'pooling and delegation' of sovereignty necessary to overcome 'collective action problems'? How important is regional leadership? Various schools of thought are represented

International economic integration. --- International relations. --- Regionalism (International organization). --- Regionalism. --- International economic integration --- Regionalism (International organization) --- Regionalism --- International relations --- Security, International --- International Cooperation --- International Commerce --- International Law --- Commerce --- Business & Economics --- Law, Politics & Government --- -Regionalism (International organization) --- -Regionalism --- -International relations --- -Security, International --- -337.1 --- Collective security --- International security --- Disarmament --- International organization --- Peace --- Coexistence --- Foreign affairs --- Foreign policy --- Foreign relations --- Global governance --- Interdependence of nations --- International affairs --- Peaceful coexistence --- World order --- National security --- Sovereignty --- World politics --- Human geography --- Nationalism --- Interregionalism --- Common markets --- Economic integration, International --- Economic union --- International economic relations --- Electronic information resources --- E-books --- Security, International. --- Integration, International economic --- Markets, Common --- Union, Economic

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Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.

Foreign trade policy --- Blocs commerciaux --- Blocs commerciaux régionaux --- Buitenlandse handel --- Commerce extérieur --- Commerce extérieur international --- Commerce international --- Commerce mondial --- Commerciaux [Blocs ] --- External trade --- Foreign commerce --- Foreign trade --- Global commerce --- Global trade --- Handelsblokken --- International economic integration --- International trade --- Internationale economische integratie --- Internationale handel --- Intégration économique internationale --- Regional economic blocs --- Regional trading blocs --- Regionalism --- Regionalisme --- Régionalisme --- Trade blocs --- Trading blocs --- World trade --- Échanges commerciaux internationaux --- Échanges internationaux --- International economic integration. --- International trade. --- Regionalism. --- Trade blocs. --- International Commerce --- Commerce --- Business & Economics --- AA / International- internationaal --- 382.0 --- 337.550 --- 382.52 --- NBB congres --- 337.1 --- Common markets --- Economic integration, International --- Economic union --- International economic relations --- Trade, International --- Non-traded goods --- Human geography --- Nationalism --- Interregionalism --- Algemeenheden. Techniek en praktijk van de internationale handel. Internationale economische betrekkingen. --- Douane-unies (algemeenheden). --- Handelsakkoorden. Driehoekshandel. Bilateralisme. --- Conferences - Meetings --- Integration, International economic --- Markets, Common --- Union, Economic --- Douane-unies (algemeenheden) --- Algemeenheden. Techniek en praktijk van de internationale handel. Internationale economische betrekkingen --- Handelsakkoorden. Driehoekshandel. Bilateralisme --- E-books --- currency blocs, customs unions, free trade areas, ftas, economics, economy, regional, price differentials, gravity models, bilateral flows, welfare, endowments, geography, currencies, monetary policy, exchange rates, commerce, labor, capitalism, finance, business, tariff, exports, imports, nafta, gatt, nonfiction, firms, wealth, investment.