My Stand On Global Economic Integration
Global Economic Integration helpful or not? Global Economic Integration is widely seen to help improve our economy, the trading of our products and sharing technology for convenient production of goods and products. Economic integration is an arrangement among nations that typically includes reduction or elimination of trade barriers and the coordination of monetsry and fiscal policies. Many are against about it but for me, it will help increase our economic status. In what way? Through the help of global economic integration countries of who joined globalization will be able to export their products freely. Once the goods passed through the borders, the products can be moved freely without additional tariffs. Economic integration eliminate all barriers to allow free movement of goods, services, capital and labour. By that, you could say that probably it could develop ones country. Globalization is the reason why economic integration occur. When their is globali...