Multiple Choice
Economic integration whereby countries remove all barriers to trade among themselves,but each country determines its own barriers against nonmembers,is called a(n) ________.
A) economic union
B) customs union
C) common market
D) free trade area
Correct Answer:

Verified
Correct Answer:
Verified
Q68: The European Free Trade Association was formed
Q69: Trade agreements hinder competitors from other nations
Q70: The Southern Common Market is also referred
Q72: The stated aim of Asia Pacific Economic
Q74: The Maastricht Treaty called for political union
Q75: Which of the following institutions is least
Q76: When trade diversion occurs,buyers will likely pay
Q77: Which of the following materialized the EU's
Q78: The European Union is an example of
Q78: Which of the following is best classified