What is meant by the phrase "economic integration?"

What will be an ideal response?


Economic integration occurs when two or more nations join to form a free trade zone.

Economics

You might also like to view...

Evidence suggests that the market ________ take into account the credibility of analyst's recommendations of IPOs that were underwritten at the analyst's investment bank because the performance of these recommendations was about 50% ________ compared

to recommendations made by other analysts at different investment banks. A) does; better B) does; worse C) does not; better D) does not; worse

Economics

The introduction of human capital to the Solow neoclassical growth model reduces the significance of the contribution of ________ to increases in per capita income

A) K B) L C) K and L D) None of the above.

Economics

The major problem with direct controls as an environmental protection measure has been

A. insufficient enforcement. B. special interest legislation. C. illegal dumping. D. legislation that lack substantial penalties.

Economics

Refer to the given data. The monetary multiplier for the commercial banking system is:



Answer the question on the basis of the following consolidated balance sheet of the
commercial banking system. Assume that the reserve requirement is 10 percent. All figures
are in billions and each question should be answered independently of changes specified in
any preceding ones.

A.  5.
B.  10.
C.  12.5.
D.  20.

Economics