Answer:
The process whereby countries in a geographical area cooperate with one another to reduce barriers to the international flow of products,people or capital is called as regional economic integration.
Explanation:
Regional economic integration is defined as an agreement between groups of counties in a geographical region that reduces barriers to the flow of goods,services,factors etc.
In 1952, this type of agreement was occur between European and 15 different European countries and the main purpose of this was to eliminate the barriers and create flow of goods between European countries which in turn creates new opportunities and provide regional free trade agreement.
The levels of integrations are Free trade,Customs Union, Common Market,Political Union etc.
Hi!
(This is from srahman2 by the way!)
1. AGGREGRATE ECONOMIC BEHAVIOR:
economic wide results of individual behavior
2. DEBT:
money owed or due
3. DEFAULT:
failure to fulfill and obligation monetarily.
4. GROSS DOMESTIC PRODUCT:
the monetary value of all finished goods and services in a country
5. INVESTMENT:
the purchase of goods used to create more wealth
6. NEEDS:
a good or service required for survival
7. UNEMPLOYMENT RATE:
percentage of people in a country willing to work and looking for work by currently unemployed
8. WANTS:
goods or services desired by a person but not required for survival
Answer:
The Depth and location affects the water temperature ^-^
Explanation:
Answer:
Here's what I get
Explanation:
A more developed country has
- A post-industrial economy — the service sector provides more wealth than the industrial sector
- A high per capita income
- Advanced technological infrastructure
A less developed country has
- A pre-industrial or agrarian economy
- A low per capita income
- Poor infrastructure
