________ effects of economic integration are the overall growth in the market and the impact on a company caused by expanding production and by the company's ability to achieve greater economies of scale.
A)Dynamic
B)Static
C)Economic
D)Barrier

Question

Quizplus · Accepted Answer

Dynamic effects refer to the long-term economic impacts of integration, such as overall market growth and the ability to achieve economies of scale. These effects are ongoing and can change over time as the market evolves. Static effects, on the other hand, refer to more immediate impacts on prices, income, and output. Economic and barrier effects are not specific types of integration effects.

________ Effects of Economic Integration Are the Overall Growth in the Market