Describe the different levels of regional economic integration. Understand the e

Describe the different levels of regional economic integration.
Understand the economic and political arguments for regional economic integration.
Understand the economic and political arguments against regional economic integration.
Explain the history, current scope, and future prospects of the world’s most important regional economic agreements.
Understand the implications for management practice that are inherent in regional economic integration agreements.

Action Required:
The purpose of this interactive activity is to demonstrate your understanding of the concepts learned lessons by responding to discussion questions.

(Question):

Discuss how free trade area differs from customs union.