An Agreement That Involves Two or More Countries Eliminating Trade

Multiple Choice

An agreement that involves two or more countries eliminating trade restrictions on most or all mutual trade,maintaining a common set of trade barriers against imports from non-member countries,and permitting mobility of capital and labour among member countries is called

A) a free trade area.
B) a customs union.
C) a common market.
D) an economic and monetary union.
E) a political union.