Question: What are the basic static and dynamic arguments for economic integration in less developed countries? Briefly describe the various forms that economic integration can take

What are the basic static and dynamic arguments for economic integration in less developed countries? Briefly describe the various forms that economic integration can take (e.g., customs union, free-trade areas). What are the major obstacles to effective economic integration in developing regions?

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Economic integration refers to the various ways in which countries coordinate their economic policies and activities to reduce barriers to trade and investment This process can be especially significa... View full answer

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