1. European Union - International Organization
Some differences between countries will always exist so as long the markets are free to adjust to the changing of the economic conditions, country differentials should largely be of a transitory nature. ... The deathtrap of losing national sovereignty from the international agreements are similar for nations that have their import control laws overridden by the World Trade Organization treaties. ... Great difference in economic performance between them that tie in to the euro. ... Some of the disadvantages are: Canada would have to give up their control of domestic inflation and interest rate....
- Word Count: 1325
- Approx Pages: 5
- Grade Level: Undergraduate