market integration
[/ˈmɑːrkɪt ˌɪntɪˈɡreɪʃən/]
noun
integração de mercados
1. The process of combining separate markets into a unified whole, allowing free movement of goods, services, capital, and labor across borders or regions
The European Union's market integration has eliminated trade barriers between member states.
A integração de mercados da União Europeia eliminou barreiras comerciais entre os estados membros.
2. The degree to which prices and economic indicators move together across different markets
Increasing market integration has made financial markets more correlated globally.
A maior integração de mercados tornou os mercados financeiros mais correlacionados globalmente.
3. The interconnection of supply chains and distribution networks across regions or countries
Market integration in Southeast Asia has strengthened regional competitiveness.
A integração de mercados no Sudeste Asiático fortaleceu a competitividade regional.
Market integration is a key concept in Brazil's economic discussions, particularly regarding Mercosur (Southern Common Market) and trade negotiations with other South American countries. In the USA, the concept is frequently discussed in the context of NAFTA/USMCA and global supply chains. Both countries view market integration as essential for economic growth and competitiveness, though with differing perspectives on regulation and worker protection.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →