Regional Economic Integration in North America Analytical Essay by scribbler

Regional Economic Integration in North America
A look at North America as an economically integrated region.
# 153490 | 1,289 words | 14 sources | APA | 2013 | US
Published on Jun 06, 2013 in Economics (International) , Economics (Globalization)

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The paper discusses the ways to create economically integrated regions and looks at the regional economic integration in North America. The paper examines the trade and investments in the region and explores how the governments of the three states - the United States of America, Mexico and Canada - have played an essential part in the construction, signing and implementation of the North American Free Trade Agreement. The paper considers the business rationale for this agreement and notes both the praise and criticism of this agreement.

Regional Economic Integration
Regional Economic Integration in North America
The Role of Governments
The Role of Business Decisions and Strategies

From the Paper:

"The regional economic integration in North America has been based on the principles of business decisions and strategies. The manifestation of the agreement was that of the creation of an economically integrated region in which people, capitals, technologies and merchandise could travel freely and without encountering barriers. In such a context, the economic agents would be able to manufacture and export their products, whereas the people would be able to purchase their desired items from a wider selection of domestic and foreign products.
"The NAFTA played as such a great subsequent role within the business community. As it has already been mentioned, the states all increased their levels of exports and investments to as such generate more employment opportunities and increased national wealth. But as it has been mentioned throughout the commencement of the project, the agreement has been met with both praises as well as criticism. The main critics of the NAFTA argue that the agreement has been more beneficial for specific business sectors, rather than attaining the social and general economic objectives. Specifically, it is blamed for allowing economic agents to more easily close down plants in the U.S. and outsource the jobs to the more cost effective Mexico. Such a turnout is more dramatic than the financial benefits of regional integration."

Sample of Sources Used:

  • Beech, J., Chadwick, S., 2004, The business of sports management, Pearson Education, ISBN 0273682687
  • Benson, A., 2004, High price takes shine off F1, BBC News, last accessed on May 27, 2011
  • Berger, C., 2008, Strategic sports marketing - the impact of sport advertising upon consumers: Adidas - a case study, GRIN Verlag, ISBN 3640226941
  • Buhler, A., Chadwick, S., Nufer, G., 2009, Relationship marketing in sports, Butterworth-Heinemann, ISBN 075068495X
  • Graham, S., Goldblatt, J.J., Neirotti, L.D., 2001, The ultimate guide to sports marketing, 2nd edition, McGraw-Hill Professional, ISBN 0071361243

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