Explain what opportunities present themselves to you

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Reference no: EM1376821

Assume you are the President of a medium-sized manufacturing firm in Croatia making specialized parts for urban transportation systems. You have recognised a profitable subsidiary in Portugal which charges higher prices than you do in Croatia. About 20% of your sales and 35% of your profits are generated by the Portuguese operation. Now you realise the possibility that Croatia may be integrated into the EU.

1. Explain what opportunities present themselves to you if this integration takes place?

2. Explain what threats will you face if this occurs?

3. Explain what should you, as the head of your company, do to respond to this integration?

4. Explain what obstacles might remain before Croatia becomes a member of the EU?

5. Explain what are the major benefits and drawbacks for Croatia when they join the EU?

6. Explain and identify at least two additional examples of economic integration organizations. Please fully explain their membership and classify using the integration levels in our lectures.

7. Explain If Croatia is able to use the Euro as their currency what are the benefits and drawbacks to your company?

A) What are the aids and drawbacks to Croatia?

Reference no: EM1376821

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