Regional economic integration is an attempt to achieve economic gains from the free flow of trade and investments between neighboring countries.
Please read the Focus on Managerial Implications (page 303 in 7th edition and page 274 in 8th edition) in your textbook and answer the following questions using NAFTA as an example:
1. What opportunities for businesses are created by regional economic integration?
2. What are the threats to businesses that might arise from regional economic integration?
3. How do you evaluate NAFTA? What are the pros and cons of NAFTA? Is the United States a winner or a loser in this trade agreement?
Please use the following before you answer your questions. Feel free to use other sources and cite your references.
https://youtu.be/-cjwkt0bpAw (Links to an external site.)
If We are Going to Talk About Nafta We Need to Talk About Your Pants (Links to an external site.)