Which Form of Regional Cooperation Agreement, When Fully Implemented, Entails

question 74

Multiple Choice

Which form of regional cooperation agreement, when fully implemented, entails creation of a unified central bank, the use of a single currency, and common policies on agriculture, social services, and welfare?

• A)Free trade area
• B)Customs union
• C)Common market
• D)Economic union
• E)Dispute settlement body

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Definitions:

Faulty Parallelism

A grammatical error that occurs when elements in a sentence that are supposed to be parallel in structure do not match in form, disrupting the flow of the sentence.

Framed Picture

an image enclosed in a frame to enhance or protect it.

Inconsistent Person

Someone whose actions, beliefs, or performance vary significantly over time, often unpredictably.

Stamped Feet

The act of forcefully bringing one's feet down onto the ground, often to express frustration or to attract attention.