regional integration

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Across
  1. 11. the reduction or elimination of trade barriers to international trade with the aim to promote free trade, enhance economic efficiency and foster economic growth
  2. 13. the process by which countries or regions eliminate barriers to trade, investment and the movement of factors of production to deepen economic cooperation and promote growth
  3. 14. a scenario where member states of regional bloc share a common currency, central bank, fiscal policies and economic governance effectively forming a unified economic entity
  4. 15. the control and regulation of money supply, interest rates and credit conditions by the central banks to achieve monetary stability
  5. 16. a nation characterized by low levels of economic development, industrialization and human capital often facing significant challenges like poverty and limited access to resources
  6. 17. harmonizes regulations and standards across member states to create a seamless economic space with unrestricted movement of good, services, capital and labor
Down
  1. 1. a nation with high levels of economic prosperity, industrialization and technological advancements
  2. 2. a large company that operates in multiple countries and plays a significant role in global trade, investment and economic development
  3. 3. an agreement involving three or more nations or international organizations who come together to negotiate and establish common rules or agreements on issues like trade, environment and security
  4. 4. the use of government spending, taxation and borrowing to influence economic activity, stabilize the economy and achieve macroeconomic objectives
  5. 5. a form of regional integration where member countries agree to remove barriers of trade and the movement of capital and labor among themselves
  6. 6. the process of countries within a specific geographical region come together to pursue common goals, interests or objectives
  7. 7. a nation undergoing rapid industrialization, economic growth and social transformation
  8. 8. a group of countries that have formed a regional agreement to reduce or eliminate barriers of trade and promote economic cooperation among themselves
  9. 9. the process of increasing interconnectedness and interdependence among countries and regions through the exchange of gods, services and capital through the advancement of technology, communication and transportation
  10. 10. a sovereign political entity with defined territorial boundaries, recognized internationally and possesses the authority to govern its population, make laws and conduct international relations
  11. 12. a treaty between two countries to establish specific terms, conditions or agreements related to trade