“examine Main Differences Between Economic And Political Regionalism” (12)

Question 1

2nd difference

Answer 1

political regionalism is enabaling distinct parts of the world that share the same political and cultural values to represent them more forcefully in global politics

E: arab league solves disputues within the arab world. seen in 2019 summit with eu members where they discuused shared response to security, migration and enviromental challenges

Question 2

1st difference

Answer 2

P: economic regionalism is the process by which states eliminate trade barriers between them in order to encourage greater regional trade

E: NAFTA esatblish in 1944 to increase trade between the us, mexico and canada. went from 290 billion in 1993 to 1.1 trillion in 2016

liberal economist frederick bastiat “if goods do not pass borders, armies will”

Question 3

3rd differnce

Answer 3

economic regionalism on cooperation and intergration. political regionalism on shared response to problems.

E: 1957 treaty of rome established ecc principle of ever closer union founding members adopted common external tarriff and committed to the renewal of tariffs of goods between them

AU peace and security council which provides a mechanism for AU forces to intervene in member states to stop genocide and crimes against humanity