Jacob Viner's The Customs Union Issue was originally published in
1950 by the Carnegie Endowment for International Peace. It set the
framework for the contemporary debate over the benefits or
otherwise of preferential trading agreements such as the European
Union, NAFTA, and APEC. Viner developed the concepts of trade
creation and diversion in this work as he pioneered the analysis of
the global politics of trade agreements. This revival of Viner's
classic work includes an introduction that places this book in the
context of his life's work and the post-WWI economic and political
situation. The introduction also traces the reception of Viner's
work and discusses its continuing relevance for international
economists, political scientists, and historians.
General
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