MAHADI HASANMAHADI HASAN

ID 142003906ID 142003906 East Delta University,ChittagongEast Delta University,Chittagong BangladeshBangladesh

Political UnionPolitical UnionWhen members of a trading bloc add a political When members of a trading bloc add a political dimension to their existing economic dimension dimension to their existing economic dimension

than it is called a POLITICAL UNION.than it is called a POLITICAL UNION.

Former Union of Soviet Socialist Republic was Former Union of Soviet Socialist Republic was supposed to be a political union of independent supposed to be a political union of independent

states but it was generated quickly into a states but it was generated quickly into a centralized dictatorship. centralized dictatorship.

Recent example of political union is Recent example of political union is EU parliament. EU parliament.

The creation of the European parliament The creation of the European parliament was the first step in such a union. was the first step in such a union.

This was followed by effort to achieve a This was followed by effort to achieve a common multinational policy on common multinational policy on taxation ,foreign affairs and defense. taxation ,foreign affairs and defense.

Recently an effort has taken to implement a Recently an effort has taken to implement a European constitution. European constitution.

The creation of the European parliament The creation of the European parliament was the first step in such a union. was the first step in such a union.

This was followed by effort to achieve a This was followed by effort to achieve a common multinational policy on common multinational policy on taxation ,foreign affairs and defense. taxation ,foreign affairs and defense.

Recently an effort has taken to implement a Recently an effort has taken to implement a European constitution. European constitution.

The creation of the European parliament The creation of the European parliament was the first step in such a union. was the first step in such a union.

This was followed by effort to achieve a This was followed by effort to achieve a common multinational policy on common multinational policy on taxation ,foreign affairs and defense. taxation ,foreign affairs and defense.

Recently an effort has taken to implement a Recently an effort has taken to implement a European constitution. European constitution.

The creation of the European parliament The creation of the European parliament was the first step in such a union. was the first step in such a union.

This was followed by effort to achieve a This was followed by effort to achieve a common multinational policy on common multinational policy on taxation ,foreign affairs and defense. taxation ,foreign affairs and defense.

Recently an effort has taken to implement a Recently an effort has taken to implement a European constitution. European constitution.

The creation of the European parliament The creation of the European parliament was the first step in such a union. was the first step in such a union.

This was followed by effort to achieve a This was followed by effort to achieve a common multinational policy on common multinational policy on taxation ,foreign affairs and defense. taxation ,foreign affairs and defense.

Recently an effort has taken to implement a Recently an effort has taken to implement a European constitution. European constitution.

Recent example of political union is Recent example of political union is EU parliament. EU parliament.

The creation of the European parliament The creation of the European parliament was the first step in such a union. was the first step in such a union.

This was followed by effort to achieve a This was followed by effort to achieve a common multinational policy on common multinational policy on taxation ,foreign affairs and defense. taxation ,foreign affairs and defense.

Recently an effort has taken to implement a Recently an effort has taken to implement a European constitution. European constitution.

Recent example of political union is Recent example of political union is EU parliament. EU parliament.

The creation of the European parliament was The creation of the European parliament was the first step in such a union. the first step in such a union.

This was followed by effort to achieve a This was followed by effort to achieve a common multinational policy on common multinational policy on taxation ,foreign affairs and defense. taxation ,foreign affairs and defense.

Recently an effort has taken to implement a Recently an effort has taken to implement a European constitution that takes precedence European constitution that takes precedence over the actions of individuals national over the actions of individuals national parliament. parliament.

Recent example of political union is Recent example of political union is EU parliament. EU parliament.

Based on this overview of variations in Based on this overview of variations in regional trading blocs EU and NAFTA are regional trading blocs EU and NAFTA are examined and compared as illustrations of examined and compared as illustrations of both a fairly straightforward economic both a fairly straightforward economic arrangement and a highly complex arrangement and a highly complex economic and political one. economic and political one.