Which of the Following Are Present in a Customs Union

question 6

Multiple Choice

Which of the following are present in a customs union?

• A) A common currency
• B) No internal tariff or non-tariff barriers
• C) A common external tariff
• D) Factor and asset mobility

---

Definitions:

CIA

The CIA, or Central Intelligence Agency, is a civilian foreign intelligence service of the federal government of the United States, tasked with gathering, processing, and analyzing national security information.

Eisenhower Administration

The period of U.S. government from 1953 to 1961 under President Dwight D. Eisenhower, noted for its Cold War tensions and domestic developments.

Third World

A Cold War-era term originally used to describe countries that were neither aligned with NATO (First World) nor the Communist Bloc (Second World), often underdeveloped nations.

Arab-Israeli Conflict

A long-standing political and territorial conflict between Arab countries and Israel, mostly over the land now known as Israel, West Bank, Gaza Strip, and Golan Heights.