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  • Dynamics of International Economic Integration

Dynamics of International Economic Integration

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The book carefully proposes an idea that an inter-disciplinary approach is probably the best and at least correct way to describe the dynamics of international economic integration. This way it was possible to link the theories of economic integration and competition with the physics (oscillation theory, wave dynamics) and biodynamics (predator-prey model and trophic functions). Dynamic properties of economic integration such as the trade creation and diversion effects, Pareto-reallocation of factors have been described under umbrella of this dynamic approach.
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