Purchase Solution

CAFTA Regional integration

Not what you're looking for?

Ask Custom Question

Central America->CAFTA

Write two articles, one article in favor of regional integration and another article against regional integration. Describe the advantages and disadvantages of regional integration and relate the stage of economic development of the economically integrated region to potential business opportunities.

References and citations

Purchase this Solution

Solution Summary

The response addresses the queries posted in 964 words with references.

Solution Preview

The response addresses the queries posted in 964 words with references.

// This paper discusses the regional integration, and we will present our views in the favor of the regional integration. The description of the advantages of will be included and the potential benefits to the business activities through the phenomenon. We begin with a short note on CAFTA. //

Article 1

The Central America Free Trade Agreement, CAFTA, is one of the free trade agreements taken up by America, which involves the Dominican Republic, Central America and the United States. It has been beneficial for the countries regarding the trade and the commercial activities. CAFTA was approved in July 2005. The United Stated has been dealing with most countries as a trade partner for a number of years, but the government policies were such that the US access to the foreign markets was somewhat restricted for the goods manufactured there and other services. It has hugely benefited many industries and business set ups.

//Now, we will elucidate the concept of regional integration in context of the CAFTA, and also highlight the favorable aspects of this concept.//

Regional integration is the procedure wherein the states enter the regional agreement to increase the regional co-operation, through regional institutions and rules. The initial aim of this concept was to eradicate the restrictions from free trade in that region which led towards an increase in the free movement of people, labor, goods, etc. across the nation. However, currently, it aims at commercial purposes, to attain the broader socio-political and the ...

Solution provided by:
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
Recent Feedback
  • "Thank You so much! "
  • "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
  • "great job. I will need another help from you. "
  • "first class!"
  • "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution

Free BrainMass Quizzes
Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.


This tests some key elements of major motivation theories.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.