Week Three Discussion

Question Description

I’m working on a business question and need guidance to help me learn.

Video Chapter 4: Uruguay Head of New Economic Zone

Key Concepts: levels of regional economic integration, MERCOSUR, the European Union, the economic and political benefits of economic integration, globalization, international theory

Please view this week’s video, and answer the following questions.
This video is equipped with closed captions. To activate closed captioning please click on the icon labeled “CC” and select “English”.

How has membership in the MERCOSUR trading bloc benefitted Uruguay?

Uruguay’s former president Julio Maria Sanguinetti believes that MERCOSUR will continue to grow and facilitate more trade and greater wealth for its members. Would you agree? Why or why not? Use the information about MERCOSUR from the video and the text and conduct additional research to support your answers.

How has the Nordex auto assembly plant benefitted from Uruguay’s membership in MERCOSUR?

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