International Business Discussion and Assignment

This assignment is a 2 part assignment

Discussion

This module serves as an introduction to global and regional integration. Topics such as the economic benefits of integration, the World Trade Organization, the General Agreement on Tariffs and Trade, trade dispute settlements, the types of economic integration and the European Union are discussed. The discussion on these topics highlights the advantages and disadvantages for each, and the practical effects on politics and economics.

Your topic is to discuss some of the challenges facing the European Union today. Provide specific examples.

Assignment

Countries align themselves together for a variety of reasons, e.g., defense, resource output, or economic reasons. Global economic and political history is replete with examples of alliances, pacts, unions and regional cooperation treaties designed to promote economic cooperation between multiple sovereign entities.

Your group task is to discuss some of the economic advantages and disadvantages of membership in the Asia-Pacific Economic Cooperation. Some of these advantages and disadvantages might be generic in nature, having to do with the general issue of economic alignment, or they may be specific to the Asian-Pacific region.