The six countries on the northern side of the Pacific Rim agreed to reduce and ultimately remove tariff and nontariff barriers to the free flow of goods, services, and factors of production between each other. The agreement among these countries is referred to as
A) regional economic integration.
B) cross-cultural integration.
C) a zoning agreement.
D) administrative trade policies.
E) a balance-of-trade equilibrium.
Correct Answer:
Verified
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