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Evaluating Economic Integration Initiatives

Words : 3500
    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?

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