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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 MatchesVertical 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. Deep integrationDeep 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. Economic integrationEconomic integrationSee integration. DisintegrationDisintegrationAnother term for fragmentation. Used by Feenstra (1998). Further SuggestionsForward integrationEconomies of vertical integration Backward integration Horizontal integration Integration |
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