Economic Processes

Economic Processes

1. Globalization

   • Process of
     • Integration of markets at a world level
   • Could Affect
     • Any Country in the world
       • Regardless of their position inte economic world
   • Create Oportunities
     • To developed economies
       • for expand their productivity
     • To small economies
       • To improve their population standard of living
   • 5 waves of it
     • Migration
     • Conquest of other countries
     • Nacionalism and proteccionism
     • Interdepence and new technologies
     • Revolutions and economical crisis

2. Regionalization

   • Group of countries
     • Who wants to eliminate the walls
       • Of the
         • Commmerce
         • Investments
     • With the purpose of
       • Make a more competitive region
         • Against other coutntries/regions
       • Develop and help
         • The economic and commerce
           • Of the members

3. Economic Integration

   • Free Trade Agrrement
     • Eliminate the trade restrictions
     • Retains a single commerce rate
   • Bilateral or general Agreements
   • Common Market
     • Free Flow of Merchandise
   • Monetary Union
     • Implementation of a unique currency to all the members
   • Political Union
     • Political and economical unification for all the members