Author Question: Economic integration whereby countries remove all barriers to trade among themselves, but each ... (Read 188 times)

K@ · **on:** Jul 7, 2018

Economic integration whereby countries remove all barriers to trade among themselves, but each country determines its own barriers against nonmembers, is called a(n) ________.

A) economic union
B) customs union
C) common market
D) free trade area

Question 2

Economic integration whereby countries remove all barriers to trade among themselves, but set a common trade policy against nonmembers is called a(n) ________.

A) preferential trade area
B) customs union
C) economic nationalism
D) free trade area