results from the lessening of trade barriers and the increased flow of goods and services, capital, labor, and technology around

Question

Anna [14]

3 years ago

5

results from the lessening of trade barriers and the increased flow of goods and services, capital, labor, and technology around

the world. A.Economic integration B.Nationalization C.Protectionism D.Mercantilism

Business

1 answer:

daser333 [38] · Answer 1 · 2022-03-03T08:30:41+03:00

Answer:

A.Economic integration

Explanation:

Economic Integration is a trade agreement that exists among countries within the same geographic location which includes reduced or removing tariffs and other trade barriers so that there will be free flow of certain goods and services coupled with other factors of production within the region. This is important because it helps to reduce the cost involved in trade and making goods and services available within member state. This agreement is also known as regional integration because it exist between nations in the same region. For example economic integration between West African States.