Final answer:
Economic explanations for integration suggest that free trade and investments, ideal situations without barriers, and attempts to achieve additional gains from integration are factors that drive economic integration.
Step-by-step explanation:
Economic explanations for integration suggest that free trade and investments, ideal situations without barriers, and attempts to achieve additional gains from integration are all factors that drive economic integration.
Free trade and investments refer to the removal of tariffs and quotas, allowing nations to freely trade with each other without restrictions. This encourages economic growth and promotes the flow of goods and services.
An absence of barriers to trade is seen as an ideal situation in economic integration. When barriers such as tariffs and quotas are eliminated, it allows for a more efficient allocation of resources and promotes competition.
Furthermore, economic integration aims to achieve additional gains from integration. This means that countries can benefit from economies of scale, specialization, and increased market access, resulting in higher productivity and economic growth.