Question: 1.Describe the difference between Regional Integration versus Multilateralism. 2.Describe the role of the European Union and a brief history of its stages. 3.Describe the Smoot-Hawley

1.Describe the difference between Regional Integration versus Multilateralism.

2.Describe the role of the European Union and a brief history of its stages.

3.Describe the Smoot-Hawley Act, its devastating effects, and what we, as economist, must take from it.

4.Describe the developing national trade characteristics and trade problems they face.

5.Describe and explain in detail internal, external, AND overall Balance

6.What are some obstacles to successful international economic policy coordination?

7.From all the policies and their external effects we learned throughout the semester, what is the most controversial in your opinion and elaboration your analysis of said issue(s).

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