Liberalization: Economic liberalization refers to the reduction or elimination of government regulations or restrictions on private business and trade. It is usually promoted by advocates of free markets and free trade, whose ideology is also called economic liberalism.
Integration: International integration implies the adoption of policies by separate countries as if they were a single political unit. The degree of integration is often tested by seeing whether interest rates or share prices or the prices of goods are the same in different national markets.
Market: Market ideology has come to be associated with two related but different. aspects of the political economy. First a belief that the market represents a. means of achieving appropriate welfare outcomes through the process of. choice and competition and second that such an approach can be extended.
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Liberalization: Economic liberalization refers to the reduction or elimination of government regulations or restrictions on private business and trade. It is usually promoted by advocates of free markets and free trade, whose ideology is also called economic liberalism.
Integration: International integration implies the adoption of policies by separate countries as if they were a single political unit. The degree of integration is often tested by seeing whether interest rates or share prices or the prices of goods are the same in different national markets.
Market: Market ideology has come to be associated with two related but different. aspects of the political economy. First a belief that the market represents a. means of achieving appropriate welfare outcomes through the process of. choice and competition and second that such an approach can be extended.