The least restrictive form of economic integration is a(n)________,in which all barriers to trade among member countries are removed,although sometimes only for certain goods or services.
A)free-trade area
B)customs union
C)common market
D)economic union
E)political union

Question

Quizplus · Accepted Answer

A free-trade area is the least restrictive form of economic integration, as it involves the removal of barriers to trade among member countries, usually for certain goods or services. However, each member country maintains its own trade policies with non-member countries. This type of integration promotes free trade and increases economic efficiency by allowing for specialization and comparative advantage.

The Least Restrictive Form of Economic Integration Is A(n)________,in Which