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International Business, 2nd Edition
book

International Business, 2nd Edition

by Sumati Varma
April 2015
Beginner
312 pages
12h 12m
English
Pearson Education India
Content preview from International Business, 2nd Edition

8

REGIONAL ECONOMIC INTEGRATION

LEARNING OBJECTIVES

After reading this chapter, you should be able to:

  • Define different forms of economic integration and their effects on international business
  • Examine the costs and benefits of integration
  • Explore different regional trading groups and their impact on the world and regional economy
  • Explain the rationale for international commodity agreements
MEXICO LEADS IN AUTO MANUFACTURING

Mexico’s auto production has grown in leaps and bounds since it became a member of NAFTA. The country now produces almost 20% of all North American light vehicles, compared to a 6% share in 1990. Mexico manufactures 63% of its cars for export to USA and the rest to Asia and Europe.

Mexico is the world’s fourth-largest ...

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Publisher Resources

ISBN: 9789332558366