Three countries agree to remove barriers to trade between member countries and adopt a common external trade policy toward nonmembers. They also agree to allow people and other factors of production to move freely across their borders. Which level of economic integration is this an example of? A. Free trade areab.B. Common market. C. Bonded marketd. D. Customs union

Business · High School · Tue Nov 03 2020

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This level of economic integration is an example of:

B. Common market.

A common market involves the removal of trade barriers between member countries, the adoption of a common external trade policy towards nonmembers and the free movement of goods, services, capital and labor across borders within the member countries.

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