Merits of regional integration
Elucidate the merits of regional integration?
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Most economic specialists cite that regional integration gives disadvantaged countries to realize economies of scale, vie on a broader (or often global) platform and increase entire economic efficiency. Alassane D. Ouattara the Deputy Managing Director of the International Monetary Fund positions thatregional integration 'facilitates participating countries to pool their resources and avail themselves of regional institutional as well as human resources, in order to reach a level of administrative and technical capability that wouldn’t be probable on an individual basis'.
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When the U.S. price elasticity of demand for gasoline is 1.0, the price elasticity of demand for gas sold through one of several gas stations along a busy highway: (w) less than 1.0. (x) 1.0. (y) greater than 1.0. (z) zero. Discover Q & A Leading Solution Library Avail More Than 1443018 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1946399 Asked 3,689 Active Tutors 1443018 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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