In order to measure how regional trade arrangements affect the intensity of trade patterns within only the affected regions, one should examine:
A) trade concentration ratios.
B) regional trade shares.
C) World Trade Organization enforcement actions.
D) GATT and GATS compliance rates.

Question

Quizplus · Accepted Answer

Trade concentration ratios measure the degree to which trade between countries is concentrated within a smaller number of products. By examining trade concentration ratios within regions affected by trade arrangements, it is possible to measure the intensity of trade patterns within those regions. Regional trade shares may also be useful in this analysis, but they do not specifically measure concentration of trade within the region. WTO enforcement actions, GATT, and GATS compliance rates are not directly relevant to measuring the intensity of trade patterns within regions.

In Order to Measure How Regional Trade Arrangements Affect the Intensity