This collection of essays is a state-of-the-art analysis of key issues confronting the European Union. Identifying European economic integration as one of the defining features of modern international economics, the authors examine many aspects and consequences of this integration which remain...

Economic Integration between Unequal Partners deals with the emergence of the major trading blocs, including the North American Free Trade Agreement (NAFTA) and the European Union. The rise of these blocs has profound implications for the socio-economic and geo-political systems as we know them.

The production effects of tax unions have recently been discussed and compared with the production effects of customs unions. The analysis of the production effects of tax unions, however, has been carried out within a complete specialisation model and under assumptions different from the...