Which of These Levels of Economic Integration Has No Restrictions

question 21

Multiple Choice

Which of these levels of economic integration has no restrictions on internal trade and free flow of capital among member nations and lacks only political unity to become a political union?

• A) Common market
• B) Free trade area
• C) Regional cooperation group
• D) Customs union
• E) Preferential trade agreement

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Definitions:

Alarm Stage

The body's first response to stress, which includes the stimulation of the sympathetic nervous system.

Occipital Lobe

The region of the cerebral cortex located at the back of the brain, responsible for processing visual information.

Vision

The ability to see, which involves the processing of visual information by the eyes and brain.

Language Production

The process by which thoughts are transformed into spoken or written words.