It is hypothesized that the number of RTAs a country signs is negatively related to its
exports and that the rest of the indicators are positively correlated with its export growth.
The export volumes of the countries are adopted from the United Nations International
Trade Centre; the GDP, population trade structures, and FDI are based on the United
Nations Conference on Trade and Development; the number of RTAs signed by each
country is based on Table 1 and the statistics of the WTO. I use data of the EurAsEC
member countries for 2001–10.