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Which Economic Integration Scheme Is Solely Intended to Abolish Trade

question 105

Multiple Choice

Which economic integration scheme is solely intended to abolish trade restrictions among member countries, while setting up common tariffs against nonmembers?


Definitions:

Costs

The value of resources used for producing goods or services, or the expenditure incurred in achieving a particular purpose.

Environmentally Harmful

Describes actions or processes that negatively affect the environment, leading to damage or degradation of natural resources.

Businesses

Organizations engaged in commercial, industrial, or professional activities.

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