Reference no: EM1322033
You are the President of a medium-sized manufacturing firm in Croatia, making specialized parts for urban transportation systems. You have established a profitable subsidiary in Portugal which charges higher prices than you do in Croatia. Approximately 20% of your sales and 35% of your profits are generated by the Portugese operation. Now, you see the possibility that Croatia may be integrated into the EU.
1. What opportunities present themselves to you if this integration takes place?
2. What threats will you face if this occurs?
3. What should you, as the head of your company, do to respond to this integration?
4. What obstacles might remain before Croatia becomes a member of the EU?
5. What are the major benefits and drawbacks for Croatia when they join the EU?
6. Identify at least two additional examples of economic integration organizations. Please fully describe their membership and classify using the integration levels in our lectures.
7. If Croatia is able to use the Euro as their currency, what are the benefits and drawbacks to your company?
a) What are the benefits and drawbacks to Croatia?