The Peace and prosperity of countries lay in the establishment and strengthening of regional economic organisations. Justify this statement.


The statement that the peace and prosperity of countries lay in establishment and strengthening of the regional economic organisation is true. The statement is true because-


• By forming regional economic organisation the nations become integrated and unify in an economic, political, cultural, social and military sense and therefore turn out to be much stronger and prosperous.


• The nations develop cohesiveness over their shared culture, a geographical proximity which results in persistent peace within the region. For example- ASEAN.


• Because the nations unite together to form a common economic platform, their economy grows better and bigger and at par with the other large economies of the world and the region prospers. For example- the European Union.


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