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Author Question: If these twenty-six nations continue to eliminate all barriers to trade among themselves and set a ... (Read 40 times)

B

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on: Jul 7, 2018
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

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Reply #1 on: Jul 7, 2018
Answer to Question 1

C

Answer to Question 2

B


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