Which of these trade agreements represents the highest level of integration among participating nations?

Question

Quizplus · Accepted Answer

The EU represents the highest level of integration among participating nations, with a common currency, free movement of goods, services, people, and capital among member states, a common external trade policy, and a centralized decision-making system. NAFTA, CAFTA, GNI, and ASEAN are all trade agreements that involve varying levels of integration, but none approach the depth or scope of integration achieved by the EU.

Which of These Trade Agreements Represents the Highest Level of Integration