If these twenty-six nations continue to eliminate all barriers to ...

[B]

If these twenty-six nations continue to eliminate all barriers to trade among themselves and set a common trade policy against nonmembers, they would create a ________.
 
  A) free trade area
  B) preferential trading area
  C) customs union
  D) political union

Question 2

Country M wants member nations to harmonize their tax, monetary, and fiscal policies and wants to create a common currency. Country M is requesting for the creation of a(n) ________ in the Moonland nations.
 
  A) free trade area
  B) economic union
  C) customs union
  D) common market

[kkenney]

Answer to Question 1

C

Answer to Question 2

B