The process whereby countries in a geographic region cooperate with one another to reduce or eliminate barriers to the flow of products,people,or capital is called ________.
A)regional economic integration
B)region-first policy
C)intra-nation pact
D)trade union

Question

Quizplus · Accepted Answer

Regional economic integration refers to the process whereby countries in a geographic region cooperate with one another to reduce or eliminate barriers to the flow of products, people, or capital. This can involve different forms of cooperation, including trade agreements, free trade areas, customs unions, and common markets. The main objective is to create a more open and integrated regional market, which can benefit member countries by promoting trade, investment, and economic growth.

The Process Whereby Countries in a Geographic Region Cooperate with One