“…Of these regional arrangements, the European Union is by far the most institutionalized, with rules and formal organizations governing economic relations (Armstrong and Bulmer, 1998;Eichengreen and Frieden, 1994;Kenen, 1995), human rights (Voeten, 2008;Moravcsik, 2000), legal dispute resolution (Alter, 2001;Burley and Mattli, 1993;Garrett, 1995), and, increasingly, security cooperation (Jones, 2007;Kupchan, 1997). To a greater degree than any other IGO, the EU represents a "pooling of sovereignty" (Moravcsik, 1998) and some argue that it is an example of true supranational governance (Sandholtz and Stone Sweet, 1998).…”