The characterization of the products of international cooperation as p
ublic goods has been severely challenged, undermining a central pillar
of theories of international cooperation. I review the criticism of p
ublic goods assumptions, identifying the need to account for both excl
usion and rival consumption in international cooperative arrangements.
Drawing on the recent debate of states as relative versus absolute ga
ins maximizers, I offer a characterization of international cooperativ
e arrangements as discriminatory clubs. I develop a refined relative g
ains model, which focuses on relative net gains, and apply it to a hyp
othetical situation to illustrate its usefulness in predicting pattern
s of exclusion and distribution in international trade.