Regional Integration

2. regional barriers to trade are reduced or eliminated among the participating states
5. a country with a lower standard
7. a poor agricultural country that is seeking to become more advanced economically and socially
10. response to the evolving international environment in areas such as trade and globalization
13. countries imposing few or no duties on trade with one another and common taxes on trade with other countries
15. three or more countries sign with signatures

1. the government spending policies that influence macroeconomic conditions
3. the association of countries trading with each other without restrictions of taxes
4. a corporation that has its facilities and other facilities and assets in at least one country other than its home
6. a country that is highly developed economically and is more advanced in infrastructure
8. thetheory or practice of regional rather than central systems of administrations or economic, cultural or political affiliation
9. the arrangement between two parties where promises are made and exchanges are done.
11. the actions of a central bank, currency board or other regulatory committee that determine the size and growth of money supply
12. the partial or full abolition of taxes and non taxes restrictions on trade taking place among countries before integration
14. the removal or reduction of restrictions or barriers on the free exchange of goods between nations
16. aprocess of interaction and integration among the people, companies and governments of different nations