Question

What do you mean by integration of production and integration of markets? What do you learn from?

Answer 1

Answer:

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.

... It brings about import and export of goods and services and establishes links between the markets. Both the above process leads to Globalization as leads to great interaction among the people and linkages among the countries.