Economic integration


 

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Economic integration

See integration.



Similar Matches

Backward integration

Backward integration

Acquisition by a firm of its suppliers.


Economies of vertical integration

Economies of vertical integration

Produced by achieving lower operating costs by owning all components of production and sometimes sales outlets rather than contracting for companies in the outside marketplace.


Trade integration

Trade integration

The process of increasing a country's participation in world markets through trade, accomplsihed by trade liberalization.


Deep integration

Deep integration

Refers 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.


Horizontal integration

Horizontal integration

Production of different varieties of the same product, or different products at the same level of processing, within a single firm. This may, but need not, take place in subsidiaries in different countries.


Further Suggestions

Disintegration
Vertical integration
Shallow integration
Forward integration
Integration


 
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