TRENDS OF ECONOMIC INTEGRATION WITHIN AND BETWEEN REGIONS
TRENDS OF ECONOMIC INTEGRATION WITHIN AND BETWEEN REGIONS

Summary/Abstract: Integration within and between regions is becoming the main trend of development in international economic relations. Regional integration has known an increasing trend due to development and the reduction of cost of transportation and communication, tariff reduction, lesser trade barriers, and liberalized lobar migration. In the beginning phases of integration, countries within a region worked on trade and economic cooperation. In the current stages, regional integration is being expanded even further.

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