Which of the following is not an attribute of an economic union?
A) Political union
B) Common currency
C) Harmonization of members' tax rates
D) Free flow of products and factors of production between member countries
E) Common external trade policy

Question

Quizplus · Accepted Answer

An economic union involves countries integrating their economies through policies like a common currency, harmonized tax rates, free flow of goods and labor, and a unified external trade policy. A political union, which involves a deeper level of integration including political processes and governance, is not a necessary attribute of an economic union.

Which of the Following Is Not an Attribute of an Economic