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Figure 27.4
Identify the labeled structure(s) in each of the following questions.
-Identify the structure indicated by Label E.
World Economy
The global network of economic activities and transactions, encompassing all of the world's national economies and facilitating international trade and investment.
Free Trade
An economic policy that allows imports and exports among member countries with little to no tariff barriers.
Eurozone
A monetary and economic union of 19 European Union countries that have adopted the euro as their common currency.
European Union
A political and economic union of 27 European countries that are located primarily in Europe, aiming to foster economic cooperation and create a barrier-free single market.
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