European Integratıon Deneme Sınavı Sorusu #1392155
Which of the following is not one of the probable reasons of the failures of the economic integration initiatives following the World War II in Europe?
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High-dependence on trade with the countries that are outside the economic integration |
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Failure in providing financial support to the accepted projects in some European countries |
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A small domestic market that is far from supporting a higher degree of |
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High transportation costs and weak international relations |
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Addiction to a central planning system of the ex-Soviet countries |
The probable reasons of the failures of the economic integration initiatives might be as follows:
1. High-dependence on trade with the countries that are outside the economic integration,
2. A small domestic market that is far from supporting a higher degree of industrialization and economies of scale,
3. High transportation costs and weak international relations,
4. Addiction to a central planning system, once experienced by CMEA (Council for Mutual Economic Assistance) of the exSoviet countries (Jovanović, 2006, 156).
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