International Business 13th Edition by Donald Ball,Michael Geringer,Michael Minor ,Jeanne McNett

Exercise 13

Criticism of international institutions such as the UN or the EU often goes to sovereignty, the authority of the state to govern itself. The argument is that the institution violates the sovereignty of the nations. One of the counterarguments to this assertion is that the benefits gained from joining the international institution can be positive and outweigh the sacrifice in sovereignty. Give several examples of this counterargument, drawing on institutions we have reviewed.