Contents
Introduction 3- Literature review 3
- Economic integration conceptual framework 3
- Impact of economic integration on economies 5
- Benefits and challenges of economic integration on nations 6
- Analysis 8
- Benefits That Countries Seek By Joining an Economic Bloc 8
- The Main Economic Bloc for Oman 9
- What Advantages Has Bloc Membership Brought In Oman 11
- Disadvantages of Bloc Membership in Oman 12
- Recommendations 12
- Conclusion 13
- References 15
Description
This report is based on the following requirement -
The Task
There are hundreds of economic integration agreements in effect around the world. Virtually every country is party to one or more free trade agreements. Supporters argue that free trade is good for nations. Undertake a research that would enable you to address the following task:
Critically evaluate the specific benefits that countries seek by joining an economic bloc. To support your argument assess the main economic bloc for Oman. From your perspective, what advantages has bloc membership brought in your country? What disadvantages has bloc membership produced? What must be done to overcome the disadvantages?
