________ requires member nations to harmonize their tax,monetary,and fiscal policies and create a common currency.
A)customs union
B)economic union
C)free trade area
D)common market

Question

Quizplus · Accepted Answer

An economic union, unlike a free trade area or a customs union, requires member nations not only to eliminate barriers to free trade but also to harmonize their tax, monetary, and fiscal policies and create a common currency.

________ Requires Member Nations to Harmonize Their Tax,monetary,and Fiscal Policies