1) Will countries be better off under a multilateral economic liberalization regime or under a system of regional economic integration? Why?
2) How useful is economic geography in explaining the success of regional economic integration blocs? Give examples.
3) Why are countries pushing to sign regional integration blocs?
4) Although the European Union is the most advanced form of regional integration, it is currently facing a challenging time. What are some of the major challenges facing the EU?
5) NAFTA has improved Mexico-U.S. trade and investment, yet bilateral trade between the United States and China is greater than with Mexico. Why is this true?