Which of the Following Is Defined as a Group of Countries

question 108

Multiple Choice

Which of the following is defined as a group of countries committed to removing all barriers to the free flow of goods and services between each other, but pursuing independent external trade policies?

• A)Free trade area
• B)Command economy
• C)Efficient market
• D)Foreign exchange market
• E)Location economy

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Definitions:

Spontaneous

Occurring without external cause, force, or planning; arising naturally or impulsively.

Imaginative

Characterized by the ability to think of new and original ideas or concepts beyond conventional patterns.

Improvisation

The act of creating or performing something spontaneously without prior preparation.

"Yes,and"

A principle stemming from improvisational theater that encourages the acceptance of contributed ideas and building upon them, often used to foster creativity and collaboration.