Which of the Following Is True with Regard to an Economic

question 92

Multiple Choice

Which of the following is true with regard to an economic union?

• A)There are restrictions on immigration, emigration, or cross-border flow of capital among member countries.
• B)It entails less economic integration and cooperation than a common market.
• C)It involves the free flow of products and factors of production among member countries.
• D)It is defined as a central political apparatus that coordinates the economic, social, and foreign policy of the member-states.
• E)It does not adopt a common external trade policy.

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Definitions:

Longitudinal Design

A research strategy where subjects are followed and observed over a period of time to detect any changes in them.

Different Times

Refers to distinct points or periods in time, often used in the context of comparing historical periods, events, or personal experiences.

Single Group

A research design involving only one group of participants, without a comparison group.

Cross-sectional Study

A research method that analyzes data from a population, or a representative subset, at a specific point in time.