Warsdisrupt peace & prosperity through the destruction of economic resources (land, labor,& capital). Europe experienced two horrific ones in the 20th century and after the second one they had to come up with a social, economic, and political solution to prevent a third one.

The next intra-European war they were trying to avoid was even separate from the Cold War between the Warsaw Pact and the North Atlantic Treaty Organization (NATO) that lasted from 1947 to 1991. Therefore, the European Union (EU) was formed to:

• create free trade zones that eliminated most tariffs on goods exchanged between member countries
• harmonize subsidies and other favorable trade protection practices
• stabilize, standardize, integrate, and control a mega-currency (the euro)
• fuse economic interdependency so that no member nation would dare risk war

Besides formal EU laws, regulations, and practices - there are business attempts of ensuring regional interdependency - one of which is the subject of this assignment - Airbus Industries.

https://www.thoughtco.com/regionalism-definition-and-examples-5206335

https://www.youtube.com/watch?v=BuvBZXG-nGQ

1. Read and comprehend the resources provided above. Concentrate on how regional business alliances are formed and what their primary functions are.

2. explain in a brief essay that describes how Airbus has helped integrate the EU and the benefits thereof. Use concepts and terminology from your resources to illustrate the creation and operations of Airbus.

thoroughly explain your answer.

Answer rating: 100% (QA)

ANSWER Airbus Industries stands as a quintessential example of a regional business alliance that has significantly contributed to the integration of the European Union EU and reaped numerous benefits ... View the full answer