Common market refers to the:
A) kind of economic cooperation wherein members are free to independently determine trade policies with nonmember nations.
B) type of regional economic cooperation wherein countries adopt common economic policies.
C) kind of economic cooperation wherein the body regulating the market frames the economic policies of the member countries individually.
D) type of regional economic cooperation wherein there are no restrictions on the movement of labor and capital between member countries.
E) geographical region which has economic and other laws that are more free-market-oriented than a country's national laws.
Correct Answer:
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