Governments have facilitated economic integration by lowering barriers to international trade and investment, harmonizing their monetary and fiscal policies within regional economic integration blocs.

Question

Quizplus · Accepted Answer

Governments have indeed facilitated economic integration by lowering barriers to international trade and investment, such as tariffs and quotas, and by harmonizing their monetary and fiscal policies within regional economic integration blocs like the European Union (EU) and the North American Free Trade Agreement (NAFTA), to promote economic cooperation and growth.

Governments Have Facilitated Economic Integration by Lowering Barriers to International