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Chapter Outline
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Regional Economic Integration

Opening Case
The European Energy Market

Introduction

Levels of Economic Integration

The Case for Regional Integration
The Economic Case for Integration
The Political Case for Integration
Impediments to Integration
The Case against Regional Integration

Regional Economic Integration in Europe
Evolution of the European Union
Political Structure of the European Union
Management Focus
The European Commission and Media Industry Mergers
The Single European Act
Country Focus
Creating a Single European Market in Financial Services
The Establishment of the Euro
Enlargement of the European Union
Regional Economic Integration in the Americas
The North American Free Trade Agreement
The Andean Community
MERCOSUR
Central American Common Market, CAFTA,
and CARICOM
Free Trade Area of the Americas
Regional Economic Integration Elsewhere
Association of Southeast Asian Nations
Asia-Pacific Economic Cooperation
Regional Trade Blocs in Africa
Implications for Managers

Chapter Summary

Critical Thinking and Discussion Questions

Research Task

Closing Case
NAFTA and the U.S. Textile Industry







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