Out of the Following, Which One Is an Example of Regional

question 46

Multiple Choice

Out of the following, which one is an example of regional economic integration?

• A) European Union
• B) British Commonwealth
• C) AT T and T-Mobile merger
• D) Coca-Cola international operations

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Definitions:

Devaluation

The reduction of the value of a country's currency relative to other currencies, often by the government's decision, affecting international trade and economic balance.

Currency's Value

The worth of a country's currency in terms of the amount of goods or services that one unit of the currency can buy.

Fixed Standard

Refers to a set benchmark or criterion that remains constant over time and is used for comparison or evaluation purposes.

Devalues Its Currency

A deliberate reduction in the value of a country's currency relative to other currencies, typically by its central bank.