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Market Integration, International Financial Institutions, General Agreement On Trade
Market Integration, International Financial Institutions, General Agreement On Trade
INTERNATIONAL FINANCIAL
INSTITUTIONS, GENERAL
AGREEMENT ON TRADE “
MARKET INTEGRATION
Market integration – The degree to which market
systems in different geographical areas are connected to
each other.
Examples of market integration are the
establishment of wholesaling facilities retailers and the
setting up of another plant by a milk processor.
REASONS FOR MARKET INTEGRATION
1.Horizontal
integration
2.Vertical integration
3.Conglomeration
HORIZONTAL INTEGRATION