Abstract
Regarded generally, international economic integration is comprised of all the forms of international economic interdependence. Such interdependences may arise from the mutual exchange of goods, services, and production factors, i.e. from the interlacing of markets (market integration). Economic integration, however, may also be caused by a common incorporation of certain fields of politics into a new central institution (political integration or institutional integration). Furthermore, integration may refer to specific sectors or branches (e.g. the agricultural market or aircraft construction); but otherwise it also may refer to overall relations and the way in which they are influenced, for example, by a general reduction of taxes and duties or by the lifting of capital or exchange controls against trading partners (Ohr 1994a, p. 147).
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Ohr, R. (1995). Divergence or Convergence as a Consequence of Regional Integration? — NAFTA’s Impacts on Mexico. In: Lang, F.P., Ohr, R. (eds) International Economic Integration. Studies in Contemporary Economics. Physica-Verlag HD. https://doi.org/10.1007/978-3-642-48421-6_11
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