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Essay text:
Regional economic integration is motivated by a desire to exploit the gains from free trade and investment. This paper will analyze the role of regional integration in promoting global business and compare and contrast economic development stages of the countries included under the North American Free Trade Agreement (NAFTA).
Role of Regional Integration
Regional economic integration is fast becoming a major factor in promoting global business. "Regional economic integration refers to agreements between countries in a geographic region to reduce, and eventually remove, tariff and non-tariff barriers to the free flow of goods, services, and factors of production between each other" (Hill, 2004)...
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Common topics in this essay:
- APEC Regional Integration
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