A(n)________________ is a group of nations with common monetary and fiscal policies in addition to the characteristics of a common market.
A)Preferential trade arrangement
B)Economic union
C)Common market
D)Free trade area

Question

Quizplus · Accepted Answer

An economic union is a group of nations with common monetary and fiscal policies in addition to the characteristics of a common market. This means that not only do they have free trade, but they also coordinate their economic policies to ensure a more integrated and cohesive economic structure.

A(n)________________ Is a Group of Nations with Common Monetary and Fiscal