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International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 1 Figure 13.1 Jacob Viner (1892–1970)

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Presentation on theme: "International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 1 Figure 13.1 Jacob Viner (1892–1970)"— Presentation transcript:

1 International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 1 Figure 13.1 Jacob Viner (1892–1970)

2 International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 2 Figure 13.2 Customs union and welfare I: trade-creation

3 International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 3 Figure 13.3 Customs union and welfare II: trade- diversion

4 International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 4 Figure 13.4 COMESA countries. COMESA members not listed on the map: Comoros, Mauritius, Rwanda, and Seychells

5 International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 5 Figure 13.5 ASEAN countries. ASEAN members not listed on the map: Brunei Darussalam and Singapore

6 International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 6 Figure 13.6 Regional trade agreements in America

7 International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 7 Figure 13.7 Regional trade agreements and total welfare. Dashed lines indicate where the minimum level is reached. ad (a) ε=4, ad (b) t=0.5

8 International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 8 Figure 13.8 The European Union, 2006

9 International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, 2006 9 Figure 13.9 EU diversity in size, population, and GDP per capita


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