Economic Integration
Economic Integration : The grouping of a set of countries, for the purpose of harmonizing and maximizing their economic goals. Usually, these countries would have such characteristics in common as geographic location, history and culture. Associated concepts would include: common market, customs union, economic union, free trade area and regional economic integration. Some cases of economic integration are the European Union (EU), Caribbean Community (CARICOM), Association of South-east Asian Nations (ASEAN) and the Andean Community
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