Abstract
In everyday parlance, integration is defined as bringing together of parts into a whole. In the economic literature, the term ‘economic integration’ does not have such a clear-cut meaning. At one extreme, the mere existence of trade relations between independent national economies is considered as a form of economic integration; at the other, it is taken to mean the complete unification of national economies.
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Balassa, B. (2018). Economic Integration. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_390
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DOI: https://doi.org/10.1057/978-1-349-95189-5_390
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