12. The Integration Movement Flashcards

1
Q

Factors which promote regional integration within the region

A

1) Common cultural heritage
2) Need to pool national markets to overcome the restrictions of limited market size
3) Need to increase intra-regional trade and reduce extra-regional imports
4) Need to improve standard of living
5) Vulnerability to natural disasters
6) Need to pool natural resources
7) Poverty and need for functional cooperation
8) Shortage of skills

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2
Q

how Common cultural heritage promote regional integration within the region

A

colonization

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3
Q

how the Need to pool national markets to overcome the restrictions of limited market size promote regional integration within the region

A

efficient, large-scale/mass production not possible

because of small markets

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4
Q

how the need to increase intra-regional trade and reduce extra-regional imports promote regional integration within the region

A
  • region has high import bill

- barriers to intra-regional trade must be eliminated

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5
Q

how need to improve standard of living promote regional integration within the region

A

1) high levels of poverty & unemployment

2)removal of barriers would increase demand for
regional goods/services

3) this would increase production and employment rates

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