4.3 Economic Integration

Globalization NONE YET
Trading blocs – Free Trade Areas (FTAs) http://opengecko.com/economics/trading-blocs/
Trading blocs – Customs unions http://opengecko.com/economics/trading-blocs/
Trading blocs – Common markets http://opengecko.com/economics/trading-blocs/
Trade creation and trade diversion Higher level extension topic http://opengecko.com/economics/trading-blocs/

Obstacles to achieving integration
• reluctance to surrender political sovereignty
• reluctance to surrender economic sovereignty

   Higher level extension topic

http://opengecko.com/economics/trading-blocs/
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