--%>
Assignment Help - homework help

Merits of regional integration

Elucidate the merits of regional integration?

E

Expert

Verified

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'.

   Related Questions in Microeconomics

  • Q : General law of demand I have problem in

    I have problem in this question based on law of demand. Provide me correct answer of this. Described the circumstances in which the "general law of demand" not hold?

    		•
  • Q : Purpose of shortages of price in price

    Price ceilings tend to purpose of: (a) opportunity costs to decline. (b) monetary prices to rise legally. (c) shortages of price controlled goods. (d) black markets to disappear. (e) surpluses of goods at inflated prices.

    Q : Problem regarding to First Mover

    Carlos and Ivana both are roommates and friends. Carlos and Ivana eat together regardless of who cooks. When this game is repeated almost daily, and on Thursday, Ivana is permitted to pick first, the probable result is that: (w) neither Carlos nor Ivana cook, nor do t

    		•
  • Q : Takeaway curries-when have you had

    ‘Is the price of a product for instant consumption – similar to a takeaway curry – equivalent to its worth or advantage to a consumer?’

    		•
  • Q : Problem on shortages or surpluses I

    I have a problem in economics on Problem on shortages or surpluses. Please help me in the following question. No shortages or surpluses exist if: (1) Central planners set prices which equivalent production costs. (2) The market is in equilibrium. (3)

    		•
  • Q : Price of a share of corporate stock

    When the price of a share of corporate stock increases, all else identical, there will be reduces in the: (w) overall liquidity of a portfolio which includes the stock.  (x) likelihood that the individual who owns the stock will sell this. (y) ra

    		•
  • Q : Managerial Economics-Error of omission

    Can someone please help me in finding out the precise answer from the following question. The ‘error of omission’ takes place when: (1) Managers pursue policies which outcome in layoffs. (2) Corporations vend more stock than is really available. (3) Manage

    		•
  • Q : Levels of the Poverty Line In 2005

    In 2005 year, the proportion of people along with family incomes below the official poverty line into the United States was around: (w) one in eight. (x) one in ten. (y) two in twenty five. (z) one in twenty.

    Q : Profit maximization-output level in

    Profit maximization needs a purely competitive firm to manufacture at an output level where: (i) marginal revenue > marginal cost. (ii) marginal cost equals the competitive price. (iii) marginal cost is falling. (iv) marginal reven

    		•
  • Q : C why cotton textile tndustry is a

    why cotton textile tndustry is a microeconomic study

    		•