The countries of Mimbo,Juwan,and Ninot agreed to remove all barriers to the trade of goods and services among each other.However,the three countries agreed that each would be allowed to determine its own trade policies with regard to nonmembers.The economic integration among these three countries is a(n)

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A free trade area is an economic integration where member countries agree to remove trade barriers among each other but are free to determine their own policies with non-members. This scenario aligns with the definition of a free trade area. In customs unions, common markets, and economic unions, member countries have a more extensive degree of economic integration, such as the common external tariff, common market policies, and unified economic policies. A political union goes beyond economic integration and involves a set of political institutions that oversee a range of policy areas, including trade. However, no information suggests that any political institutions are established in this case.

The Countries of Mimbo,Juwan,and Ninot Agreed to Remove All Barriers