Describe how the COMESA compares with the EAC with regards to each of the five above-mentioned dimensions of regional integration. Discuss the way forward for the COMESA towards becoming a fully-integrated regional economic community.
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Describe how the COMESA compares with the EAC with regards to each of the five above-mentioned dimensions of regional integration. Discuss the way forward for the COMESA towards becoming a fully-integrated regional economic community.
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- Explain the concept of regional economic integration and discuss two economic reasons and two political reasons why countries in Europe or North America would decide to integrate.Countries began creating regional trade blocs in order to create partnerships between high-income developed countries and lower-income developing countries. The Regional Trading Bloc – the ‘CARICOM Single Market and Economy’ was established with the objective of expanding intra-regional and extra-regional trade, among other objectives as outline in Article 6 of the Revised Treaty Establishing the Caribbean Community including the CSME. Has the creation of this trading bloc significantly expanded intra-regional and extra-regional trade in goods and services for CSME participating member states? Discuss with the use of practical examples and data to support your position. In your discussion cite some CARICOM trade policy instruments/measures implemented to help propel intra/extra-regional trade. (Member of CSME)Explain how the GCC economic agreement 2001 has shifted from the stage of coordination to the stage of integration. Address any five articles stated in the GCC economic agreement 2001.
- Outline thevarious stages of regional economic integration and the relationships between them. Discuss the levels of integration achieved within ASEAN, the CER group, the EU and NAFTAExplain the differing views of realists, liberals, and constructivists as it relates to the roles of IGOs,/NGOs, multinational corporations, and states in the conduct of International Relations.Why does the European Union (EU) have an explicit desire to promote regional integration in other regions of the world?
- What are the advantages and disadvantages of global, bilateral, and regional economic integration?Discuss the three major approaches to economic integration.Overview of International Business / Global Marketplace and business centres Evaluate the impact of the political and economic characteristics of the world's various marketplace on international business.
- What are the two ends of the continuum of economic systems? Trade deficit;Trade surplus Communism;Pure Competition Small GDP;Large GDP Goods-oriented; Service-orientedWhich of the following statements is not true? Select one: a.EU - the largest integration group; b.The EU has the most OECD member countries; c.The EU is the world's largest trading power; d.The EU has the highest growth rate;Opponents of free trade zones might use this map to argue that free trade encourages conflict among market and command economies leads to greater mobility among populations organizes nations into regional exclusionary blocs redraws traditional geographic boundaries