MGT-448 Wk-2 Individual - Regional Integration

MGT-448 Wk-2 - Running head REGIONAL INTEGRATION 1 Regional Integration For and Against Articles Rebecca Lanham Global Business Strategies MGT/448

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Running head: REGIONAL INTEGRATION 1 Regional Integration For and Against Articles Rebecca Lanham Global Business Strategies – MGT/448 October 31, 2011
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REGIONAL INTEGRATION 2 Regional Integration For and Against Articles Regional Integration in the European Union has both positive and negative effects for the countries involved and the global marketplace. The arguments in favor of or against regional integration are economic and political. Beginning with a review of the advantages and disadvantages of regional integration in the European Union demonstrates the legitimate points from both sides. Concluding by relating the stage of economic development in the region to business opportunities highlights the successes and challenges in regional integration. Those for and against regional integration have vital arguments to analyze. For Regional Integration Regional Integration in the European Union has both economic and political advantages. Integration reduces trade barriers within a region and according to Hill (2009), countries can specialize in the production of goods and services more effectively when unrestricted free trade exists. This creates greater world production and stimulates economic growth. Regional integration also increases the exchange of technology and knowledge furthering economic growth. In the European Union, integrating the countries increased the economic and political
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This note was uploaded on 01/16/2012 for the course MGT 448 taught by Professor Ard during the Spring '09 term at University of Phoenix.

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MGT-448 Wk-2 - Running head REGIONAL INTEGRATION 1 Regional Integration For and Against Articles Rebecca Lanham Global Business Strategies MGT/448

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