Scenario: Moonland Union
Twenty-six nations,A through Z countries of Moonland region,have decided to cooperate with one another to eliminate trade barriers among them and create Moonland Union.They are not sure,however,to what extent they want to cooperate.
-The process undertaken by these 26 countries is an example of ________.
A)foreign direct investment
B)regional common marketing
C)economic domestication
D)regional economic integration

Question

Quizplus · Accepted Answer

The process undertaken by the 26 countries to eliminate trade barriers and create a union is an example of regional economic integration, which refers to the process of countries coming together to form closer economic ties and remove barriers to trade and investment. This can take many forms, such as a free trade area, customs union, common market, or economic union. Moonland Union could potentially adopt any of these forms, depending on the extent to which they want to cooperate.

Scenario: Moonland Union Twenty-Six Nations,A Through Z Countries of Moonland Region,have Decided to Region,have