Suppose that the United Kingdom and Italy abolish all tariffs on each other's goods and all restrictions on movements of factors of production between them.They also implement a common protectionist policy toward other countries.This is an example of a (an)

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A common market allows for the free movement of goods, services, and factors of production (like labor and capital) between member countries, and it also implements a common external trade policy.

Suppose That the United Kingdom and Italy Abolish All Tariffs