REGIONAL INTEGRATION

Edit Answers
12345678910111213141516171819202122
Across
  1. 1. government financial; taxation expenditure and budgets
  2. 6. an agreement between more than two parties or countries.
  3. 9. the necessary pre-conditions for industrialization
  4. 11. a country that produces most of its good and services and has a very high standard of living. It is highly industrialized
  5. 13. a generalised set of rules to which states must adhere in order to maintain economic competitiveness in international markets
  6. 15. a situation in which members integrate all economic policies and in effect acts as though they were economically one country
  7. 19. trade, trade within a region
  8. 20. organisation and consolidation of regional economic and political integration groups, leading to the ability of a nation or country to make decisions about its own government
  9. 22. the elimination of all tariffs and duties that prevent free competition between countries on all products
Down
  1. 2. a country or countries with a common currency and common monetary and fiscal polices
  2. 3. selling products abroad at a lower price than they are sold in the home market
  3. 4. a group arrangement in which there are no taxes on imports from member states
  4. 5. policy concerning the control of money supply and interest rates by a central bank
  5. 7. having a unified approach to trade and fiscal measures and policies
  6. 8. is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange / the process of interaction and integration among people, companies, and governments worldwide.
  7. 10. a large company operating in many countries
  8. 12. a country which is no longer under the control and direction of a foreign power. It looks after its own affairs.
  9. 14. agreement/area agreement or area where member countries eliminate more or less completely all tariff and non-tariff barriers to trade among themselves
  10. 16. a country that is less developed economically than most others, with little industry and little money spent on education, health care, etc.
  11. 17. an agreement between two parties or countries
  12. 18. a country that does not produce most of its goods and services and its standard of living is below that of the developed country. It is being gradually industrialized.
  13. 21. a group of countries having a free trade agreement, usually in the same geographical area