Establishing a free-trade area is the simplest way to achieve multinational economic integration.

Question

Quizplus · Accepted Answer

A free-trade area removes tariffs and trade barriers among its members, which is a simpler form of economic integration compared to more complex forms like customs unions, common markets, economic unions, and political unions, which involve deeper integration and coordination of economic and sometimes political policies.

Establishing a Free-Trade Area Is the Simplest Way to Achieve