Discuss the case for regional integration of countries


Assignment Problem: One of the highest levels of economic integration is the Economic Union with the European Union being an example.

a) Critically and concisely discuss the case for regional integration of countries either at the level of free trade, customs union, common market, economic union, or political union.

b) Despite the successful economic integration achieved by the European Union, the United Kingdom left the EU on the 31st January 2020. Creatively discuss the reasons why the United Kingdom left the EU as well as the geopolitical and economical implication of the decision of the United Kingdom to leave the EU (15 marks).

c) Briefly discuss the impact of Russian - Ukraine war on the European Union, if any.

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Macroeconomics: Discuss the case for regional integration of countries
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