Economy, asked by eramtaiyaba9881, 1 year ago

How does integration of economies increase the standard of living as measured by per-capita income?

Answers

Answered by prannav1
1
sorry I don't know that answer please could you say that answer
Answered by vchilongo
0

Integration of economies means increased product exchange rates within given communities or states depending with the product or the service in question, it leads to increased productivity rate since the consumers and the producers of the goods interact freely and there is high consumption rate therefore the is increased money circulation in the economy which improves the peoples standard of living.

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