A true economic union requires the trading countries to integrate:

Question

Quizplus · Accepted Answer

Economic policies refer to the decisions made by a government or group of governments related to their economic systems, including taxation, trade regulations, and monetary policy. To create a true economic union, the member countries need to harmonize their economic policies to eliminate trade barriers and create a level playing field for businesses operating within the union. Marriages, university degrees, and transportation authority are not essential components of an economic union.

A True Economic Union Requires the Trading Countries to Integrate