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Deep integration |
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Deep integrationRefers to economic integration that goes well beyond removal of formal barriers to trade and includes various ways of reducing the international burden of differing national regulations, such as mutual recognition and harmonization. Contrasts with shallow integration.Similar MatchesEconomic integrationEconomic integrationSee integration. Forward integrationForward integrationAcquisition by a firm of a larger part of its distribution chain, moving it closer to selling directly to its ultimate customers. Vertical integrationVertical integrationProduction of different stages of processing of a product within the same firm. IntegrationIntegrationEconomic integration refers to reducing barriers among countries to transactions and to movements of goods, capital, and labor, including harmonization of laws, regulations, and standards. Common forms include FTAs, customs unions, and common markets. Sometimes classified as shallow integration vs. deep integration. Backward integrationBackward integrationAcquisition by a firm of its suppliers. Further SuggestionsShallow integrationTrade integration Disintegration Horizontal integration Economies of vertical integration |
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