Market Integration - Chapter 3 PDF
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Uploaded by FelicitousSard499
2022
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Summary
Chapter 3 discusses market integration, focusing on the history of global markets, the different types of market integration like horizontal and vertical integration, and the role of international financial institutions such as the World Bank and IMF. It highlights the impact of market integration on the global economy, including increased economic efficiency and the lowering of prices for consumers. The presentation also mentions specific examples related to the Philippines, such as its trade agreements and the involvement of international institutions in its development.
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