A(n) _____ involves the free flow of products and factors of production between member countries, the adoption of a common external trade policy, a common currency, harmonization of members' tax rates, and a common monetary and fiscal policy.
A) economic union
B) common market
C) customs union
D) free trade area

Question

Quizplus · Accepted Answer

An economic union involves the free flow of products and factors of production between member countries, the adoption of a common external trade policy, a common currency, harmonization of members' tax rates, and a common monetary and fiscal policy.

A(n) _____ Involves the Free Flow of Products and Factors