________ require that member countries concede a certain amount of their national autonomy to the supranational union of which they are a part.
A)Free trade areas
B)Customs unions
C)Economic unions
D)Preferential trade areas

Question

Quizplus · Accepted Answer

Economic unions require member countries to concede some degree of national autonomy to the supranational union in order to have common policies, regulations, and institutions governing their economic activities. This may include a common currency, harmonization of regulations and standards, and a common labor market. Free trade areas, customs unions, and preferential trade areas may involve some level of cooperation but do not require the same extent of supranational governance as economic unions.

________ Require That Member Countries Concede a Certain Amount of Their