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Which of the Following Is True of an Economic Union

Question 2

Multiple Choice

Which of the following is true of an economic union?


A) Free movement of resources, but restricted movement of goods among the member countries
B) The members have a common set of tariffs among themselves but the external tariff rates are determined independently
C) Free movement of goods, but restricted movement of resources across the member countries
D) Harmonization of all economic policies in the member countries

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