Evaluate the progress and prospects of integration within NAFTA / USMCA and one other established regional (economic-focused) group (ASEAN, CEFTA, Andean Pact, CIS, APEC, GCC, ECOWAS, etc.). The analysis should address:

• the policy and market reasons for integration
• the stage of vertical and horizontal integration of each group
• the presence of trade creation or trade diversion
• who benefits and who is harmed by the agreement

Criteria will include:

• synthesize the theories of international trade and finance to evaluate the role played by multinational businesses in advancing or hindering progress towards greater regional cooperation.
• The analysis must conclude on which regional group is the more attractive MNC destination for businesses and why.