Trading Bloc

 Instructions Choose a regional trade agreement from the many around the world (EU, MERCOSUR, CAN, NAFTA, GCC, SACU, CACM, DR-CAFTA-US, SAARC, CARICOM, ASEAN, SAARC, Arab League, African Union). Identify the kind of trading bloc (customs union, free trade area, common market, monetary union, etc.) and its purposes. Briefly discuss the history/timeline of the trading bloc, full member states, associate member states and observer states. Describe the organizational structure of the bloc and the functions. List the current leaders. Discuss the latest balance of trade indicators such as GDP per capita, exports, imports, etc. How is the trading bloc doing in terms of growth? Helpful resource: https://wits.worldbank.org/countrystats.aspx (Links to an external site.)Links to an external site. Discuss current issues/challenges facing the bloc, and the more likely outcome. Discuss the impact that membership in the trading bloc has had on the economy of one member nation. Requirement: APA format (Links to an external site.)Links to an external site.. Make sure you use proper headings/subheadings to differentiate the six questions being asked.