A full common market requires a common currency,harmonization of the member countries' tax rates,and a common monetary and fiscal policy.

Question

Quizplus · Accepted Answer

A full common market involves the free movement of goods, services, capital, and labor among member countries, but it does not necessarily require a common currency, harmonization of tax rates, or a common monetary and fiscal policy. These are features of deeper economic integration, such as an economic and monetary union.

A Full Common Market Requires a Common Currency,harmonization of the Member