Regional Integration

3. agreement A deal between three or more countries to work together.
5. policy How a government uses taxes and spending to manage the economy.
8. integration When countries work closely together to connect their economies, making trade and business easier.
9. When countries in a specific area work together on trade, security, or other shared interests.
11. agreement A deal between two countries to work together on something, like trade or business.
14. economy A step beyond a single market where countries also share economic policies, like taxes and money rules.
16. country A country that lacks basic services, has a weak economy, and struggles with poverty.
17. market A group of countries that trade freely with each other and allow people and businesses to move easily across borders.

1. The world becoming more connected through trade, technology, and culture.
2. corporation A big company that operates in many countries.
4. country A country with a strong economy, good jobs, and a high quality of life for its people.
6. bloc A group of countries that agree to trade freely with each other but may have rules for outside countries.
7. market A stronger version of a common market where countries follow the same rules for businesses and trade.
10. policy How a country controls its money supply and interest rates to keep the economy stable.
12. country A country that is growing but still working on improving its economy and people's lives.
13. liberalization Making it easier for countries to trade with each other by removing restrictions like high taxes on imports.
15. state A country that controls its own government and decisions.