Economic Integration by Humanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze Made with a bold sensibility en-us 2021-01-13 17:19:46 UTC 2023-02-03 22:46:31 UTC hello@padlet.com What is the diagram for integration BISHumanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084044186 2021-01-13 17:20:29 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084044186 What is the order of economic integration from least integrated to full integration? BISHumanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084055267 2021-01-13 17:22:42 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084055267 What are the advantages of economic integration? BISHumanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084066581 1-Improves political relationships
2-Movement of capital/Labour (larger job opportunitys)/ eg (Free Trade)
3-
 ]]> 2021-01-13 17:24:52 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084066581 What are the disadvantages of further economic integration? BISHumanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084067854 2021-01-13 17:25:07 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084067854 A free trade area changes into a customs union, why? BISHumanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084073024 2021-01-13 17:26:04 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084073024 What are the features of a free trade area? BISHumanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084077162 2021-01-13 17:26:52 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084077162 What are the features of a Customs Union? BISHumanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084080017 common trade policy, common trade barriers towards non]]> 2021-01-13 17:27:26 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084080017 What are the features of a Monetary Union? BISHumanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084081535 2021-01-13 17:27:43 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084081535 HL/What are advantages and disadvantages of Monetary Union BISHumanities https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084087269 stability, no transaction costs for currency conversion,  same currency.

disadvantages: loss of control for monetary policy in individual countries. ]]> 2021-01-13 17:28:51 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084087269 https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084178621 1. preferential trade agreement(bilateral/multilateral)
2. free trade area
3. customs union
4. common market]]> 2021-01-13 17:46:32 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084178621 ruari_de_rijk https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084181521 If the union does not react similarly to supply shocks then some regions may fall behind. A country loses control over their monetary policy]]> 2021-01-13 17:47:07 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084181521 https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084196292 a group of countries that agreed to eliminate trade barriers between them, achieving free trade]]> 2021-01-13 17:50:02 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084196292 https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084206626 2021-01-13 17:52:02 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084206626 ruari_de_rijk https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084212411 Increased economic efficiency. Lower prices for the consumer and lower costs of production. No wars between members.]]> 2021-01-13 17:53:15 UTC https://padlet.com/BISHumanities/mbhi2t4q3api1dze/wish/1084212411