08 Oct Economic integration
Economic integration has changed trade in the global market. In an effort to decrease barriers to trade, countries have worked together to establish relationships that award preferential treatment to member countries. In this discussion, you will work on the following critical element of the final project: Trade. Using the World Trade Organization Regional Trade Agreements website, identify the following elements of trade related to your project country:
- Major trading partners
- Major imports/exports
- Regional trade agreements and member countries
Discuss how regional economic integration has influenced the way your country does business with other nations. Does it create more opportunities for trade or just increase the competition? Make some observations about the impact this might have on an organization’s decision to invest in the country.
Respond to two of your classmates and provide further insight into the impacts of the economic integration on business in that region. You might want to highlight other agreements that were not mentioned by your classmates.
Once you have received feedback from your peers and instructor, you will insert your data and summarize your analysis findings in the Final Project Presentation Template provided. This is your sixth step toward the comprehensive final project presentation. The final submission is due in Module Seven.
Note: You will not be able to see any of your peers’ discussion posts until you have created and posted your own discussion thread.
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