Regional association of states. Basic information useful in managing companies

Abstract

In the development of economic and trade cooperation, regional state organizations and associations constitute an important component of the global processes of change relevant to the management of enterprises. These changes pose various challenges in the trade relations of states and their regional groupings and are of a dynamic nature. Hence the need to further shape the international economic order, including by associations such as ASEAN, SAARC and Mercosur, which seek to deepen and expand trade relations between Member States and others. Taking into account international regulations and other associations such as the European Union, the article describes regional associations of selected countries from the perspective of globalization.