Question

What do you mean by integration of markets?

Answer 1

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◆Market integration occurs when prices among different locations or related goods follow similar patterns over a long period of time. Groups of good often move proportionally to each other and when this relation is very clear among different markets it is said that the markets are integrated.

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Answer 2

Market integration.

Explanation:

• This will be a way of describing a trend through which markets supplying services and products somewhere connected are experiencing identical trends of rising or fall in respect of that same values of such items.
• Effective groups also shift correspondingly with one another and it would be assumed that perhaps the marketplaces are integrated or aligned because this interaction is quite obvious between specific markets.

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