MCQOPTIONS
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| 1. |
A _______________ focuses on eliminating internal tariffs with member countries levying a commonexternal tariff on goods being imported from nonmembers. Additionally, this type of regional economicintegration allows free mobility of production factors such as labor and capital. |
| A. | free trade area |
| B. | common market |
| C. | customs union |
| D. | complete economic integration |
| Answer» C. customs union | |