Buy custom The Role of Southeast Asian Regional Integration in Promoting Global Business
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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1144 |
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(Hill, 2005, pp.272-273). ASEAN's member countries' ability to realize such benefits, however, has been very limited. As of 2005, only 5% of intra-ASEAN trade was attributed to goods whose tariffs had been reduced through ASEAN preferential trade arrangements (p.290)Another possible effect of regional integration that worries observers is that regional trading blocs will form "economic fortresses" that will lock out producers from outside the blocs with high tariff barriers...
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This has a potential to result in a decline in trade between blocs that would counter the gains from free trade within those blocs. (Hall, 2005, p.269)Economic Development Stages of Member CountriesTable 1 compares the gross domestic products, per capita GDP, GDP growth, and principal industries of the ASEAN member countries...
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The Role of Southeast Asian Regional Integration in Promoting Global Business
Regional Integration: Promoting Global Business
the advantages and disadvantages of regional integration (NAFTA, EU, APEC, ASEAN, CAFTA, etc.) Compare and contrast the economic development stages of countries within your chosen region and the ramifications of your region's economic development ...
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