regionalEconomicIntegration

Given a predicate that represents a relationship or action between entities, generate a one-sentence description explaining its meaning.  
# Instructions
Focus on describing the relationship, not the entities themselves. 
# Response Format
Begin the description with \' Indicates...\'

Predicate: regionalEconomicIntegration

Indicates an economic relationship where multiple regions coordinate and harmonize their markets, policies, and regulations to facilitate freer movement of goods, services, capital, and sometimes labor among them.