PSYC 290 Lecture Notes - Lecture 8: Closer Economic Relations, Free Trade Area Of The Americas, Asia-Pacific Economic Cooperation
Document Summary
Chapter 8 regional economic integration: define regional economic integration, and identify its five levels. (textbook, pp. Regional economic integration is a process whereby countries in a geographic region cooperate to reduce or eliminate barriers to the international flow of products, people, or capital. The world"s main regional trading blocs: eu: european union, austria, belgium, britain, bulgaria, czech republic, denmark, estonia, Finland, france, germany, greece, greek cyprus (southern portion), Iceland, liechtenstein, norway, switzerland: nafta: north american free trade agreement, canada, mexico, united states, cafta-dr: central american free trade agreement, costa rica, el salvador, guatemala, honduras, nicaragua, dominican. Republic, united states: andean: andean community (can, bolivia, colombia, ecuador, and peru, aladi: latin american integration association, argentina, bolivia, brazil, chile, colombia, ecuador, mexico, paraguay, Peru, uruguay, venezuela: mercosur: southern common market, argentina, brazil, paraguay, uruguay, venezuela (bolivia, chile, colombia, Ecuador, and peru are associate members: caricom: caribbean community and common market, antigua and barbuda, bahamas, barbados, belize, dominica, grenada,