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11 Dec 2019

Which of the following is the most integrated form of a regional economic agreement?

Free Trade Area

Economic Union

Common Market

Political Union

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Margaux Elysse C. SiasonLv6

3 Sep 2020

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Related textbook solutions

Principles of Economics

2nd Edition, 2017

ISBN: 9781947172364

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ISBN: 9781947172388

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Related questions

Describe the characteristics of each of the following trade blocks. Be certain to explain the ways in which they are the same and the ways in which they differ.

a. Economic union

b. Common market

c. Customs union

d. Free trade area

Discussion

In your OWN words, answer in a paragraph or more:

Describe the similarities and differences between a free trade area, a customs union, a common market, and an economic union. Give an example of each.

The oldest and largest free trade area in the world is:

A. Association of Southeast Asian Nations

B. The Asia Pacific Economic Corporation

C. MERCOSUR

D. The European Union

E. North American Free Trade Agreement

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