The Andean Community most closely resembles a(n)________.
A) economic union
B) customs union
C) common market
D) political union

Question

Quizplus · Accepted Answer

The Andean Community is a customs union, which involves a common external tariff for member countries on goods imported from non-member countries, and the elimination of internal trade barriers between member countries. It is not a full common market or political union, as it does not involve free movement of goods, services, capital and labor or political integration.

The Andean Community Most Closely Resembles A(n)________