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Trade integration |
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Trade integrationThe process of increasing a country's participation in world markets through trade, accomplsihed by trade liberalization.Similar MatchesEconomies of vertical integrationEconomies of vertical integrationProduced by achieving lower operating costs by owning all components of production and sometimes sales outlets rather than contracting for companies in the outside marketplace. Forward integrationForward integrationAcquisition by a firm of a larger part of its distribution chain, moving it closer to selling directly to its ultimate customers. Economic integrationEconomic integrationSee integration. Vertical integrationVertical integrationProduction of different stages of processing of a product within the same firm. Shallow integrationShallow integrationReduction or elimination of tariffs, quotas, and other barriers to trade in goods at the border, such as trade-limiting customs procedures. Contrasts with deep integration. Further SuggestionsDeep integrationDisintegration Integration Backward integration Horizontal integration |
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