_____ refers to a kind of economic cooperation wherein member countries are free to independently determine trade policies with nonmember nations.
A)Free zone
B)Export processing zone
C)Free trade area
D)Free port
E)Free trade zone

Question

Quizplus · Accepted Answer

A Free Trade Area (FTA) allows member countries to trade freely among themselves without tariffs or trade restrictions, but unlike a customs union, each member maintains its own trade policies toward non-member countries. This means they can set their own tariffs and trade barriers for imports from countries outside the FTA.

_____ Refers to a Kind of Economic Cooperation Wherein Member