International business

I’m stuck on a Business question and need an explanation.

BEFORE YOU SUBMIT YOUR REPORT, Please make sure that the article meets the conditions of the publishing source, publishing time, and relevance to the assigned corresponding readings that are presented in both the course schedule and the assignment schedule (located under the “Making the Connection”). Failing to meet any of these three conditions will result in a grade of zero on the assignment. see the file to know more i will upload the chapters. and please write a one report from the chapters I have uploaded. Thank you

International Business

I need an explanation for this Business question to help me study.

Describe the threats and opportunities of economic integration for international businesses.

The past two decades have witnessed a proliferation of regional trade blocs that promote regional economic integration. World Trade Organization (WTO) members are required to notify the WTO of any regional trade agreements in which they participate. By 2017, nearly all members had notified the WTO of participation in one or more regional trade agreements. As of early 2017, there were 432 regional trade agreements in force.

Several levels of economic integration are possible in theory. From least integrated to most integrated, they are a free trade area, a customs union, a common market, an economic union, and, finally, a full political union.

The case for regional integration is both economic and political, and it is typically not accepted by many groups within a country, which explains why most attempts to achieve regional economic integration have been contentious and halting.

International business

I’m stuck on a Business question and need an explanation.

BEFORE YOU SUBMIT YOUR REPORT, Please make sure that the article meets the conditions of the publishing source, publishing time, and relevance to the assigned corresponding readings that are presented in both the course schedule and the assignment schedule (located under the “Making the Connection”). Failing to meet any of these three conditions will result in a grade of zero on the assignment. see the file to know more i will upload the chapters. and please write a one report from the chapters I have uploaded. Thank you