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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 500 |
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This also causes prices to be more competitive.
3. Improved quality of products and services - manufacturers are facing global competition so they strive to improve their quality of goods and services.
4. Economic dependence and growth - Globalization has led to an increase in international trade, international flow of capital, creation of international agreements and development of global financial systems...
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What are some major regional trading blocs and specify at least two in your region of interest.
Some of the regional trading blocs include the EU (European Union), NAFTA (North American Free Trade Agreement), MERCOSUR (Mercado Comun del Cono Sur, also known as Southern Common Markets (SCCM), and ASEAN (Association of Southeast Asian Nations)...
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