Common external tariffs and quota system is part of all of the stages of regional integration EXCEPT which one?
A) A customs union
B) An economic union
C) A free trade area
D) A common market
E) A political union

Question

Quizplus · Accepted Answer

A free trade area involves the removal of tariffs and quotas between member countries, but it does not include a common external tariff or quota system for non-members, which is a characteristic of customs unions and beyond.

Common External Tariffs and Quota System Is Part of All