A ________ Is an Intermediate Step in the Transition from a Free

question 64

Multiple Choice

A ________ is an intermediate step in the transition from a free trade area to a common market.

• A) political union
• B) currency union
• C) regional cooperation for development (RCD)
• D) customs union
• E) preferential trade area

---

Definitions:

Simplify

Reducing an expression or equation to its simplest form, often by combining like terms and applying arithmetic operations.

Polynomial

An algebraic expression consisting of variables and coefficients, involving operations of addition, subtraction, multiplication, and non-negative integer exponents.

Factor

A number or quantity that divides another number or algebraic expression evenly, without leaving a remainder.

Division

A mathematical operation representing the process of dividing one number by another to find a quotient, often shown with the symbol "/" or "÷."