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The Economics of Regional Trading Arrangements$
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Richard Pomfret

Print publication date: 2001

Print ISBN-13: 9780199248872

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199248877.001.0001

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Numbers and Geography

Numbers and Geography

(p.239) 11 Numbers and Geography
The Economics of Regional Trading Arrangements

Richard Pomfret (Contributor Webpage)

Oxford University Press

Deals with the fundamental question of what should be the unit of analysis in trade theory, which has been driven in part by difficulty in determining the analytical status of the EU; is intra‐EU trade international or domestic trade? Presents models of the economic determinants of the number of nations (Sect. 1) and the optimum size of nations (Sect. 3). Also addresses the issues of which partners will be selected for RTAs (Sect. 2) and of sub‐regional zones that cover regions of more than one country but not the entire national economies (Sect. 4), as well as other geographical issues.

Keywords:   European Union, regional trading arrangement, sub‐regional zones, trade, unit of analysis

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