A free trade area (FTA) provides its members with
A) complete political integration.
B) a mass market without trade barriers among partner countries.
C) a regional cooperation for social development.
D) a common market that eliminates all external tariffs.
E) a market that offsets higher nontrade barriers with lower external tariff.
Correct Answer:
Verified
Q48: A _ involves complete political and economic
Q49: One of the first factors that gave
Q50: A _ is an intermediate step in
Q51: Which level of economic integration has no
Q52: A _ is an agreement between two
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)
Q57: The most fully integrated form of regional
Q58: A _ agreement eliminates all tariffs and
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