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There are some 200 economic integration agreements in effect around the world already, far more than even a few years ago. Virtually every country is now party to one or more free trade agreements. Supporters argue that free trade is good for nations.
What is the basis for their support? That is, what are the specific benefits that countries seek by joining an economic bloc?
What is the main economic bloc for your country?
From your perspective, what advantages has bloc membership brought to your country?
What disadvantages has bloc membership produced?
Write a 3 pages of paper outlining your perspectives on the above.
No cover page no reference page included in this said 3 pages. Please make sure it reflects your original thoughts or properly cite it if you borrow any word.
Absolute and comparative advantage: Describe how these concepts explain the benefits and costs of international trade.
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