Market Integration Market integration refers to how easily two or more markets can trade with each other. It occurs when prices among different locations or related goods follow similar patterns over a long period of time. Groups of prices often move proportionally to each other and when this relation is very clear among different markets it is said that the markets are integrated. The term is further used in identifying the related phenomenon of the market of goods and services experiencing similar patterns of increase or decrease in prices of products. It may also refer to the movement of prices of related goods and services sold in a defined geographical location in similar patterns. When the government implements certain strategies to control the direction of the economy, integration is intentional while shifting in supply and demand that has a spill over effect on several markets is another factor of market integration. One way of helping the integration of the market by reducing barriers to trade and increasing fluidity between markets is through foreign trade. Market integration exists when there are exerted effects that prompt similar changes or shifts in other markets that focus on related goods on events occurring within two or more markets. Financial Market Integration Financial Marketing Integration is one of the types of Markets where Market Integration Occurs. It is an open market economy between countries facilitated by a common currency and the elimination of technical, regulatory, and tax differences to encourage the free flow of capital and investment across borders. It occurs when lending rates in several different markets begin to move in tandem with one another. The emergence of similar patterns within the capital, stock, and financial markets with those trends coming together to exert a profound influence on the economy of that nation is involved in the integration within a nation. It is the reduction of both capital flow barriers and erosion of the home bias effect (partially due to institutional integration) that should increasingly lead market participants to consider shares of different countries as substitutes. Global Corporation A global corporation is a business that operates in two or more countries. It also goes by the name "multinational company". Here is an example of a global corporation in which we will explain furthermore of this by the end of the vid. Several advantages are offered by global expansion of business overrunning a strictly domestic company. Success in different types of economies are achieved by means of multiple countries’ operations while it causes also logistic and cultural challenges. Expanding revenue opportunities and diversifying business risks are the purposes of becoming a global corporation. Access to more customers and capital is obtained through a model that works domestically well and translates foreign markets well. Example: One can find more customers in a country whose economy is vibrant and expanding in lieu of stagnant local and domestic economy or market share that has hit a plateau.