What are the economic and political arguments for regional economic integration?

What are the economic and political arguments for regional economic integration? Given these arguments why dont we see more integration in the world economy? Select a current global business event relating to Brexit from a news source such as electronic newspapers New York Times International Business Times Economic Times or CNN News. Provide a summary of the article relating it to the material you have read in chapters 1 2 and 3. Include an explanation of what you learned in this article and if you agree with the authors perspective.

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