As from the second half of the 20th Century, the degree of progress attained by national industries made it difficult for manufactured products to compete in markets of both developed and developing countries. ... By these means, perhaps in altered form, economic integration will certainly continue to develop on the countries of the region. ... The eventual establishment of a monetary union among the MERCOSUR countries is one of them. ... Also, it could empower countries by presenting them as a bloc. ... However, tensions between member countries still exist. ...

• Word Count: 1172
• Approx Pages: 5
• Grade Level: Graduate

Economic development is a broad measure of welfare in a country, its indicators include: health, education, GDP per capita and the preservation of the environment. ... The fundamental objective of Doi Moi is to reduce the government's control over economic outcomes and to improve economic relations with other countries. In general, the policy of Doi Moi has resulted in private ownership of the country's resources and the convergence of Vietnam with the rest of the world. ... The key driver of aggregate supply in recent times has been the substantial increase in Foreign Direct Investm...

• Word Count: 1293
• Approx Pages: 5
• Grade Level: Graduate