Instruction
Business journal with 200 word minimum with appropriate references:
Chapter 5 of your text begins with the comment, "Today, global revolutions are underway in many areas of our lives: management, politics, communications, and technology." As noted in the text, "Political structure is a ... variable facing global marketers. ...A recent World Bank study found that less regulation fosters the strongest economies." The European Union (EU) is a free trade zone that encompasses most of Europe, but is more than a free trade zone -- it is also a political and economic community with its own legislative and judiciary branches. However, the value of Free trade zones (NAFTA, EU) has been challenged against the loss of national sovereignty. Review the videos below and complete research on the EU and NAFTA.
Comment on the pros and cons of Free Trade Zones and answer the question, "Is a global revolution underway for global political structures?
video links:
http://www.youtube.com/watch?v=WySXxbtgmJs
http://www.youtube.com/watch?v=5XKJ2mcdVmQ
Other sources of information about Britain's exit from the EU can be found online, including http://www.bbc.com/news/uk-politics-32810887.