4 International Trade and Economic Integration
Description
In today’s episode, we delve into the critical themes of international trade and economic integration. We’ll explore
the evolution of global trade frameworks, from the establishment of GATT to the WTO, and examine key regional agreements like the European Union, Mercosur, and
the ASEAN Free Trade Area. By analyzing stages of economic integration—such as free trade areas, customs unions, and economic unions—we uncover how these mechanisms shape global markets and foster cooperation. Whether you're navigating the intricacies of trade agreements or curious about the role of institutions like the WTO, this episode provides essential insights into the interconnected world of global trade. Tune in to stay ahead in the international arena!