Forms of economic integration in regional markets include:
A)economic unions and regional trade areas.
B)trading blocs and common markets.
C)economic unions and customs unions.
D)common external trade policies, harmonisation of economic policies and free trade areas.

Question

Quizplus · Accepted Answer

Economic integration in regional markets can take various forms, including economic unions and customs unions. Economic unions involve the integration of economic policies among member countries, while customs unions involve the adoption of a common external tariff against non-member countries.

Forms of Economic Integration in Regional Markets Include