Differences between a Customs Union and a Free Trade Agreement

1. Explain in 500 words differences between a Customs _Union_ and a Free Trade Agreement, i.e EU and NAFTA? (without plagiarism)

2. After reading the article “Adding Value in Nike’s Production Line” and watching the video “Behind Nike Flyprint and Zoom Series – Next Level Innovation,” research your favorite brand of shoes (Nike, Adidas, Reebok, Puma, New Balance, etc) and answer the following questions: Has the company experienced decreased or increased cost attributed to computerization? Were variable cost increased or decreased? Were fixed cost increased or decreased.

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  • Initial post for each question must be between 250-300 words in length, and each peer reply per question must be between 150-200 words in length.

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