In this assignment, you will research a regional trade bloc and discuss its current standing in terms of membership, leadership, pressing issues, challenges, and structure.

Assignment Requirements

Choose a regional trade agreement from the many around the world (EU, MERCOSUR, CAN, USMCA, GCC, SACU, CACM, DR-CAFTA-US, SAARC, CARICOM, ASEAN, SAARC, Arab League, African Union, etc.). The complete list is here.Links to an external site.

1. Identify its stated purposes.
2. Briefly discuss the history/timeline of the trading bloc, full member states, associate member states, and observer states.
3. Describe the organizational structure of the bloc and the functions. List the current leaders/officials of the organization.
4. Discuss the latest balance of trade indicators such as GDP per capita, exports, imports, etc. How is the trading bloc doing in terms of growth?
5. Discuss current issues/challenges facing the bloc.
6. Discuss the impact that membership in the trading bloc has had on the economy of one member nation.

Assignment Instructions

1. Make sure you use proper headings/subheadings to differentiate the each question being asked.
2. Answers must be at approximately 250 words per question.
3. At the end, include a reference page.