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Instructions

Weighting: 35% of your final course gradeAfter you open and begin working on this assignment, you must complete and submit it within seven (7) days.To prepare for this assignment, make sure that you have submitted Assignments 1 and 2, and review all of the assigned readings and the course Study Guide.To complete this assignment, you are required to write three (3) essays, one on each of the three (3) questions that you are assigned.Each essay should be roughly 1,000 to 1,400 words long. Ensure that you cover a breadth of course material and include your own critical reflections on the material. Your essays are expected to conform to a standard university essay style, including a strong thesis statement, structural organization, and the proper use of citations and references. You must submit the Final Research Assignment within 7 days of starting your attempt.The process of regionalization and the creation of regional blocs are controversial developments. Doregionalization and regional blocs contribute to the process of globalization or are the origins and purpose of these regional development too varied and distinct to be classified as parallel to the process of globalizationMake reference to specific process of globalization and regional blocs in addressing the queation

Answer

Role of Regional Blocks in GlobalizationThe process by which a given area gets divided into smaller subunits is referred to as regionalization. The process is crucial in ensuring that an unusually large area gets split into small, easily manageable regions. A regional block refers to a group of countries that are within the same geographical area that are integrated to promote the various business activities among them. Globalization, on the other hand, allows states to specialize in the production of certain goods to ensure the prices of the different products are lowered, thus ensuring that the producers attract more customers (Ritzer, 2007). Globalization may as well be used to mean how the multiple barriers in trade among countries are eliminated to ensure the efficient running of a bu...
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