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What is the concept of international economic integration?

More specifically, international economic integration is concerned with the discriminatory removal of all trade impediments between the participating nations and with the establishment of certain elements of cooperation and coordination between them.However, Economic integration is an arrangement among nations that typically includes the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies. Economic integration is sometimes referred to as regional integration as it often occurs among neighboring nations.Generally economic integration, process in which two or more states in a broadly defined geographic area reduce a range of trade barriers to advance.

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