[ORDER SOLUTION] Regional Economic Integration
The European Union has grown from a few countries in Western Europe into a powerful economic block comprised of much of Europe, including eastern European countries formerly controlled by the Soviet Union. In the Western Hemisphere, there is NAFTA, a trade agreement between Canada, the U.S., and Mexico. Other countries in other parts of the world have been uniting with similar economic agreements. As globalization in business grows, these regional economic blocks are growing as well. Read Chapter 9 of your Hill and Hult textbook. Write a 2-3 page paper describing the positives and negatives of regional economic integration such as the European Union or NAFTA. Address the following: Define regional integration; for example, NAFTA, and the European Union, among others. Identify positive effects Identify negative effects