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Which of the following is a concern of some economist regarding regional integration? The benefits of regional integration are determined by the extent of trade diversion. The benefits of regional integration may have been oversold, while the costs have been ignored. A regional free trade agreement will benefit the world only if the amount of trade it diverts exceeds the amount it creates. The costs of regional integration will be exceedingly high with little chance that the benefits will outweigh the costs.

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Answer: The benefit of regional integration may have been oversold, while the costs have been ignored.

Explanation: In regional integration, two neighbor states integrate their activities for political or environmental purposes, by their constitution or rules.

Regional integration has been seen as the way of development but there are some problems that may arise due to such process which is overseen by general pubic.

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