Economic analysis of international law

IM. THE STRUCTURAL ANALOGY: THE SUPRA-MARKET OF INTERNATIONAL RELATIONS AND GAINS FROM TRADE ................................................................................ 12 A. Externalities and Exchange ................................................................... 14 B. Economies of Scale and Scope ............................................................... 16 C. Transactions and Institutions ................................................................. 17 D. Limits of the Structural Analogy ............................................................. 19 1. The Problem of Non-Monetized Exchange ....................................... 19 2. The Problem of State Rationality ................................................... 20 3. The Problem of Endogenous Preferences ......................................... 21