Solved: What is the ultimate goal of regional economic integration, Microeconomics

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What is the ultimate goal of regional economic integration

Question:

What is the ultimate goal of regional economic integration (REI)? Identify a potential benefit and a drawback of REI.

Greece is a member of the European Union and the Eurozone and received an economic bailout that resulted in economic pain. Discuss this situation in light of the second question. Is integration that beneficial to Greece or should they leave the Eurozone? Support your answer by sourcing your work and citing the text.

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