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The concept of the economic bloc refers to a collection arrangements, which aims to promote the economic integration between the group of countries through the liberalization of trade and the coordination of fiscal and monetary policies, and achieve the kind of protection of national products to the outside world, to impose a uniform tariff and negotiation as a member of a global trade agreements, the in order to reduce the cost of development by reducing import costs and achieve optimal utilization of available resources, and improve the investment climate expand the market circle and the unification or convergence fees and incentives for investment. And coordination of the various economic policies, and help to confront problems and economic crises.... There are degrees of economic bloc, beginning the gradual lifting of tariff and non-tariff barriers to national goods to the Member States, or the so-called Free Trade Area. Then move on to the customs union stage when Member States agree on a unified tariff on its imports from countries outside the bloc, and the subsequent stage is the common market in which they are freeing the flow of funds and manpower capital among Member States, followed by the economic unit in which the monetary and financial policy coordination full policies, including currency and monetary authority, and finally unite come full economic integration phase, and each of these stages requires skip stage, which was accepted by the
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The importance of economics includes the following:
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Accounting Unit:
Established economic unit is considered a stand-alone, separate and distinct from its owners, who provided it to assets owned.
It follows that the accounting records of the entity's financial statements but are records of that unit and their lists and not the owner, partners or shareholders or other parties and groups concerned is established records.
It follows also that the entity's assets but are the origins of the accounting unit and not the owner or the assets of the partners or shareholders.
The opponents also established representing the rights or obligations of the accounting unit's assets and are not obligations of the owner or the assets of the partners or shareholders.
Similarly, the property income and expenditure but rather a change in the accounting unit's assets and liabilities, rather than changes in the assets or liabilities of the owner, partners or shareholders.
The gains and losses established but are changes in the net assets of the unit
Accounting, not changes in the net owner's equity partners or shareholders.
The same applies to net income. It is in the first place net income accounting unit rather than the net income of the owner, partners or shareholders.