
Which of the following explains why economic integration has never been easy to achieve or sustain, despite the strong economic and political arguments in support?
A) No country has shown significant improvement because of economic integration.
B) Countries fear a reduction of their political weight in the world because of economic integration.
C) Linking neighboring economies and making them increasingly dependent on each other creates little incentive for political cooperation.
D) While a nation as a whole may benefit significantly, certain groups may lose.
Correct Answer:
Verified
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Q24: _ entails even closer economic integration and
Q25: _ occurs when high-cost domestic producers are
Q26: A political benefit of economic integration is
Q28: Why doesn't Great Britain use the euro
Q29: _ involves the free flow of products
Q30: From least integrated to most integrated, the
Q31: Which level of economic integration eliminates trade
Q32: _ eliminates trade barriers between member nations,
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