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Institutional aspects of economic integration – economic integration and political integration

Duduiala-Popescu, Lorena (2009): Institutional aspects of economic integration – economic integration and political integration.

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Abstract

Economic integration is defined as the elimination of economic borders between two or more savings. In turn, an economic border demarcation over which any actual or potential mobility of goods, services and factors of production and communication flows, is relatively low. On both sides of a frontier economy, pricing and quality of goods, services and factors are only marginally influenced by flows across borders.

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