Advantages And Disadvantages Of The European Union

1123 Words Nov 10th, 2014 5 Pages
Questions:
1. Discuss in general the advantages and disadvantages of regional 
 trading blocs such as the EU. Discuss the benefits that UB may now enjoy after acquiring a stake in the Nigerian firm, A&P.
United Biscuits (UB) manufactures its products in factories throughout England, Ireland, Belgium, France, and the Netherlands. The advantages and disadvantages of regional trading blocs such as the European Union (EU), since its creation with the Treaties of Rome in 1957, the European Union has shown great progress in regional integration, mainly in the economic level, showing that it is the best model of world integration has been achieved.
We can not talk about economic integration or European Monetary System without speaking of the Economic and Monetary Union (EMU) is defined as: "Economic integration process whose ultimate goal was the creation of a single currency, the euro, and a single central bank (rector of economic and monetary policy) within the European Union (EU)”.
The European Union has been insistent is the highest expression of regional integration that exist today in the world, but to develop this work, we emphasize that their marriage is not total and unified hundred percent, but it is fragmented into severe parts of your integrity and this has been proven through historical processes of integration, where the UK has stated on several occasions that while it is not a weak link in the European Union, has shown little alignment with the rest of countries in…
Open Document