Key Features And Regional Trends Of Economic Integration
Key Features And Regional Trends Of Economic Integration
Author(s): Radoje Zečević, Dušica KarićSubject(s): Economy
Published by: Fakultet za poslovne studije i pravo
Keywords: economic integration; globalization; EU; trade
Summary/Abstract: In today's world, various forms and degrees of regional economic integration represent an important determinant of overall international relations, and the formation of regional economic integration has different effects on countries within and outside of the integration. In addition, of strengthening the position of its member countries, creation of economic integration leads to internal liberalization and increase mutual economic relations among member states and the final effect of an increase in profits of each country and the economic integration of all countries. They are, in fact, the link in the chain of interdependence of states and an important mechanism through which is realized by intensifying globalization of world economy
Journal: International Journal of Economics & Law
- Issue Year: 2/2012
- Issue No: 4
- Page Range: 41-48
- Page Count: 8
- Language: English