We analyze the role of economic and security considerations in bilateral trade agreements. We use the pre-World War I period to test whether trade agreements are governed by pecuniary factors, such as distance and other frictions measured by gravity covariates, or by geopolitical factors. While...

Intro -- Contents -- 1. Introduction / Barry Eichengreen and Jeffry Frieden -- Part 1: Economic and Monetary Union -- 2. The Transition to Economic and Monetary Union / Geoffrey Garrett -- 3. The Political Economy of French Economic Policy in the Perspective of EMU / Christian de Boissieu and...

We analyze the role of economic and security considerations in bilateral trade agreements. We use the pre-World War I period to test whether trade agreements are governed by pecuniary factors, such as distance and other frictions measured by gravity covariates, or by geopolitical factors. While...