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Development of an Integrated Economic Union - College Paper

Development of an Integrated Economic Union

Write an essay on the problems involved in developing an integrated economic union such as the European Union. How does the EU compare with the North and South American model of economic cooperation? Speculate on the future of global competitiveness that arises from theses economic partnerships.

The problems arising from the construction of economic unity organizations are not simply economic. Unlike the free flow of trade that exists between the United States, Canada, and Mexico, as a result of NAFTA, for instance, the European Economic Union has attempted an unprecedented form of unity and cohesiveness in its organization. The European Union embarked on a form of unity that was based ...

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that the "the existence of the EU has itself brought into being new legislative problems. For instance, the removal of border controls has created new forms of cross-border crime for which the existing policing and judicial systems are not equipped." This was in addition to the other difficulties arose "where there are inequalities resulting from the application of single EU rules in the context of the widely-varying situations in the member states," according to the 1999 report, regarding, for instance, everything from an agricultural perspective in areas where fishing repositories were plentiful for some member states and impoverished for others, or grazing areas for livestock afflicted by drought in some areas, and afflicted by rain in others.

In terms of the decreased border security as a result of increased economic unity, "the problems posed by drugs and organized crime have grown over the past decade not just in Europe, but globally. This is concerning when much ...

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Development of an Integrated Economic Union. (2016, September 26). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Development-of-an-Integrated-Economic-Union/105897
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"Development of an Integrated Economic Union." Essayworld.com. September 26, 2016. Accessed December 23, 2024. http://www.essayworld.com/essays/Development-of-an-Integrated-Economic-Union/105897.
"Development of an Integrated Economic Union." Essayworld.com. September 26, 2016. Accessed December 23, 2024. http://www.essayworld.com/essays/Development-of-an-Integrated-Economic-Union/105897.
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PAPER DETAILS
Added: 9/26/2016 04:32:50 AM
Category: Economics
Type: Premium Paper
Words: 992
Pages: 4

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