Imagine what sort of a world it would be if Korea, China, and Japan were to ever form an economic alliance, similar to a European Union. This economic merger would have significant and profound economic implications.
- Global Dominance
- Increased Innovation
- Extensive Global Influence
- Increased Trade and Investment
- Reduced Trade Barriers
- Extensive Global Competitiveness
- More Resilience to Economic Shocks
Why this is unlikely to ever happen?
- Political and Cultural Differences
- Threat to USA Hegemony
- Economic Disparities
- Social and Cultural Integration
- Geopolitical Implications
- Shift in Balance of Power
- New Global Trade Opportunities
- Geopolitical Tensions
- Geopolitical Resentment with Increased Competition