1.2 Introduction. Trade creation and trade diversion

Forms of economic integration:

1) Free Trade Area (FTA)

2) Custom Union (CU)

3) Common Market (CM)

4) Economic Union (EU)

The process of economic integration

Economic integration between developed countries

Open Strategic Authonomy versus Free Trade

READINGS: About EU Open Strategic Autonomy (OSA):

· https://repositorio.bde.es/bitstream/123456789/15651/1/be2101-it-Box5.pdf