regional economic integration
Regional economic integration refers to the process by which countries within a specific geographic area collaborate and remove barriers to trade and investment, allowing for the free flow of goods, services, and capital among member states.
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Related Concepts (2)
Similar Concepts
- cooperation in transport and infrastructure development among regional economic blocs
- cross-border movement of labor and immigration policies within regional economic blocs
- cultural exchange programs and initiatives among regional economic blocs
- economic integration of immigrants
- environmental standards and sustainability initiatives within regional economic blocs
- harmonization of regulations and standards among regional economic blocs
- intellectual property rights protection and enforcement in regional economic blocs
- joint investment and development projects between regional economic blocs
- regional cooperation in research and development initiatives among economic blocs
- regional economic recession
- regional organizations
- regionalism
- security and defense cooperation among regional economic blocs
- tariff and non-tariff barriers within regional economic blocs
- trade agreements between regional economic blocs