The Main Strands of the Idea

  • Fritz Machlup


Every serious discussion of economic integration, national, multinational, or worldwide, is based on concepts and issues of international-trade theory. Movements of goods, services, people, capital funds, and moneys across natural or political frontiers are what interregional and international economic relations are all about — and all of these movements are part and parcel of economic integration. Trade is usually regarded as the quintessence of economic integration, and division of labour in several of its aspects as its underlying principle. This holds for intranational as well as international trade.


Free Trade Economic Integration Factor Price Custom Union Capital Movement 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Fritz Machlup 1977

Authors and Affiliations

  • Fritz Machlup
    • 1
  1. 1.New York UniversityUSA

Personalised recommendations