All of the following are potential drawbacks of regional integration EXCEPT ________.
A) loss of national sovereignty
B) shifts in employment
C) trade diversion
D) greater consensus

Question

Quizplus · Accepted Answer

Greater consensus is not a potential drawback of regional integration. In fact, it is often one of the main goals of regional integration as it facilitates cooperation and collaboration among member countries. The other options have all been cited as potential negative consequences of regional integration. Loss of national sovereignty refers to the idea that member countries may have to give up some control over their own policies and decision-making in order to conform to the rules and regulations of the regional bloc. Shifts in employment can occur if certain industries or regions are disproportionately impacted by changes in trade patterns resulting from integration. Trade diversion can occur if member countries start trading more with each other instead of with non-members, leading to inefficiencies and reduced competitiveness.

All of the Following Are Potential Drawbacks of Regional Integration