How important is economic union in regions for world economy?

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:

1. Dealing with a shortage of Raw Materials. Economics provides a mechanism for looking at possible consequences as we run short of raw materials such as gas and oil.
2. How to distribute resources in society. To what extent should we redistribute income in society? Is inequality necessary to create economic incentives or does inequality create more economic problems.
3. The Principle of Opportunity Cost. Politicians win elections by promising more spending and cutting taxes. This is because lower taxes and more spending is what voters want to hear. However, an economist will be aware that everything has an opportunity cost. Spend more on subsidising free university education, and it means higher taxes and lower spending elsewhere. Giving students £4,000 a year to spend at university may be a noble ideal. But, is it the best use of public money? Are there not better uses of money?
4. Social efficiency. The free market leads to countless examples of market failure. I feel one of the best uses of economics is to provide solutions to overcoming market failure. For example, driving into the centre of town creates negative externalities such as pollution and congestion. There is overconsumption. An economist can suggest a tax on driving into towns to internalise the externality. Of course new taxes are not popular, but, it would provide a better solution for society. You may not want to pay £10 a week to drive into a city centre. But, if it saved you 2 hours of sitting in a jam, then maybe you would be quite happy to pay it.
5. Knowledge When You are Unemployed and waiting in the queue for unemployment benefits, as an economist you will know WHY you are unemployed, which is of course a great comfort.

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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.