_______________ is an important reason for economic integration.

Related MCQs

• In which of the following types of regional economic integration are internal tariffs eliminated with member countries levying a common external tariff on goods being imported from nonmembers.
• A _______________ focuses on eliminating internal tariffs with member countries levying a common external tariff on goods being imported from nonmembers. Additionally, this type of regional economic integration allows free mobility of production factors such as labor and capital.
• Horizontal integration occurs when
• _______________ occurs when production shifts to more efficient producers for reasons of comparative advantage, allowing consumers access to more goods at a lower price than would have been possible without integration.
• The main reason behind MNCs investments are
• What was the first economic theory of international trade to be developed?
• Which one of the following is renowned for its high-quality databases on economic and social data?
• According to economic growth model of Rostow, passage of a country through the stages is
• The stage indicating highest level of economic growth is
• Identify a factor that doesn’t play an important role in attracting FDI