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If they are coerced into joining the eeu the others

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If they are coerced into joining the EEU the others might followUkraine has a big economy if they could ever get it back ontrack and they also have the second biggest military in the EEUinvited groupEnd game
oPutin’s plan for the Eurasian Customs Union is to grow into a powerfulsupranationalist organization very similar in nature to the EUoHopefully counter American influence, Indian influence, and Chineseinfluence in central Asia where Russia used to control everythingEconomic blocks etc.International organizations based on economic factorsoThe AU – African Union which used to be called to Organization ofAfrican UnityThey changed their name to piggy back on the concept of theEuropean UnionIt didn’t work for Africa even though they tried it multiple timesoWhy have trade blocks not worked in Africa?They are poor and poor people don’t buy shitLowering tariffs and increasing trade hasn’t really helped muchMost African states export/import from outside of the regionoThe SCO – Shanghai Cooperation OrganizationHe doesn’t think they know what their primary goal is and theyare a new blockEconomics is certainly a major part of what they’re doingThey are working together to encourage trade of specificcommodities and have mentioned building infrastructuresbetween states to move natural gas and oiloOPEC –Organization of Petroleum Exporting CountriesIt’s what we refer to as a cartel which is not the same thing as atrade blockbut it does have a lot of member statesCartels have nothing to do with trade except for when it comesto one specific resource which is the backbone of theorganizationWhat is a cartel?A formal agreement between competing business tocontrol most of a resourceWorking together, businesses can control more becausethey don’t have to compete with each other and theywon’t have to lower the price to do soOPEC is the most important cartel in the worldIt’s confusing to America because these are not businessesgetting together but countriesHere are the members:Ecuador, Venezuela, Algeria, Libya, Nigeria, Angola, Iraq,Kuwait, Iran, Qatar, Saudi Arabia, Angola and UAEThese countries have nationalized their oil industriesCould the US ever join OPEC?Most OPEC countries hate each other and the US but thisisn’t why we couldn’t join
US doesn’t control its oil industry ; we let Exxon, Shell,and BP do all that stuff so it hasn’t nationalizedWe also could never export oil because we are the biggestconsumers of oilOPEC gets together several times a year and they project howmuch demand the world will have for oil next yearThen they divvy this up for production for each state andthey set the priceThey control 60% of the world’s oilThey fight quite a bit amongst themselves on how much oil theymake and what price to set it atIndonesia was in this and leftThe fighting is between the major players of Saudi Arabiaand the Iranians or the Venezuelans

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Term
Fall
Professor
JDBOYER
Tags
European Union, economic union, Free movement, trade block

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