Global and Regional Aspects in the Economic Integration

Trade is treaty’s foundation, and personally I can’t imagine our life without trading. Trading helps one country get goods which it does not have or cannot make. But another country making more goods to send away can make more work places. Nowadays in European Union it is very easy to trade; there are no borders between countries so there are no taxes that company should pay. For example, if company from Latvia would like to send goods to Spain – it is easy, just paying for transport. But if the company would like to send goods to India, there are so many taxes to pay, on each country’s border. So European Union helps its member states to trade with goods between them. Looking in that way some countries have got good perspectives to make more and more, to open new markets and gain new niches. But on the other hand importing more goods from other countries, we make more competitors to our entrepreneurs.…