Role Analysis of Regional Integration
        Wikipedia, an internet encyclopedia source, defines globalization as a social change, an increased connectivity among societies collectable to transculturation; the explosive organic evolution of transport and communication technologies to facilitate international cultural and frugal exchange (Wikipedia, 2004). In other(a) words, globalization pertains to the connectivity that allows hoi polloi and businesses most the world to interact in a seamless carriage without hindrances much(prenominal) as geography and cultural differences. A major influence on moving towards a global economic system has been progressive trend toward the use of regional economic integration agreements. According to the text, International Business: Competing in the Global Marketplace, regional economic integration is the agreements among countries in a geographic region, such as Asia, to reduce, and ultimately remove, tariff and non-tariff barriers to the free flow of goods, services, and factors of product between each other (McG dim-Hill, 2002). These agreements are being touted as not just promoting spurs in economic growth and development, only also as an influencer in negotiating peace amongst the various people in the regions as well as across the globe.
        Asia, cover version approx 17.139 million square miles is the worlds largest continent. Its inhabitants also make it the most populous at 3.3 billion people or approximately three-fifths of the worlds tot population (Wikipedia, 2004).
The culture and industries of Asia differ vastly thoroughout the various regions of the continent. Asias thrift lies primarily in agriculture. Asian countires with smaller populations such as Thailand and Vietnam are major expoters of agricultural crops such as rice, wheat, soybeans, tea, and other items. However, although producing some crops, countries with larger populations and access to power supplies, modernized passage for people and goods, as well as access to raw materials such as lumber are more industrialized. For instance, due in part to Japanese invetments...
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