Int Econ-Ch07-S2012 International Economics 国际经济学课件教程教案.pptxVIP

CHAPTER S E V E NEconomic Integration: Forms and Effects Economic IntegrationRefers to the commercial policy of discriminately reducing or eliminating barriers to trade between a select group of countries.Non-Reciprocal: Carried out by one country; the participating countries do not have reciprocate.Reciprocal: interested countries take joint actions. Economic IntegrationSince the end of World War II, trade barriers have fallen and the volume of international trade has increased significantly (Volume of trade in 2010 was 1210 times bigger than that of the volume of trade in 1950). Several Reas