Which level of economic integration has no restrictions on internal trade and free flow of capital among member nations and lacks only political unity to become a political union?
A) common market
B) free trade area
C) regional cooperation group
D) customs union
E) preferential trade agreement
Correct Answer:
Verified
Q46: Of all the multinational market groups, none
Q47: What was a customs union before becoming
Q48: A _ involves complete political and economic
Q49: One of the first factors that gave
Q50: A _ is an intermediate step in
Q52: A _ is an agreement between two
Q53: A free trade area (FTA) provides its
Q54: Britain and countries that were formerly part
Q55: The most basic economic integration and cooperation,
Q56: What is true of the Maastricht Treaty?
A)
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