When a group of countries establish a free trade area, they achieve the highest stage of economic integration.

Name: When a group of countries establish a free trade area, they achieve the highest stage of economic integration.
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The highest stage of economic integration is a common market, not a free trade area. A common market not only eliminates trade barriers but also allows for the free movement of factors of production (such as labor and capital) among member countries.

When a Group of Countries Establish a Free Trade Area