On the supply side, a variety of elements are at work, e.g., technological innovation, increase in efficiency in the distribution system, and deregulation, all of which exert a downward pressure on prices. Take domestic wholesale prices for example. Declines in prices of electric equipments and other machines have been most pronounced under the influence of a very rapid technological innovation.
Although it has applied for accession to the EU, negotiations have not yet begun. The degree of openness is defined as the average export and import of goods and services as a percentage of GDP. BIS Review 101/2001  1  considerable intensification of trade integration with the EU.