Discuss week 4

Regional Economic Integration (half page)

What are the economic and political arguments for regional economic integration? Given these arguments, why don’t we see more substantial examples of integration in the world economy?

Currency Flows and Regional Economic Integration (half page)

This week we studied currency rates, flows, and regimes as well as regional economic integration. As you think about how countries manage those currency flows, do you think that those policies adopted by individual countries are impacted by the onset of regional economic integration activities? Do you think that it impacts the Purchase Price Parity (PPP) and overall currency exchange rates?