Without market integration, global economies would suffer greatly. Trade and investment across borders would be significantly hindered, leading to a lack of economic growth and development. As a result, the global economy would become increasingly divided and unequal. Without market integration, there would be less competition and innovation, leading to higher prices and fewer choices for consumers. Additionally, without market integration, countries would be less likely to cooperate in resolving international conflicts, leading to further instability and chaos.
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Answer:
Without market integration, global economies would suffer greatly. Trade and investment across borders would be significantly hindered, leading to a lack of economic growth and development. As a result, the global economy would become increasingly divided and unequal. Without market integration, there would be less competition and innovation, leading to higher prices and fewer choices for consumers. Additionally, without market integration, countries would be less likely to cooperate in resolving international conflicts, leading to further instability and chaos.
Explanation:
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