There are four levels of regional economic integration. What is their order, from lowest to highest level of integration?
A) (1)Customs union; (2)Free trade area; (3)Common market; (4)Economic Union
B) (1)Common market; (2)Customs union; (2)Free trade area; (4)Economic Union
C) (1)Free trade area; (2)Customs union; (3)Common market; (4)Economic Union
D) (1)Free trade area; (2)Customs union; (3)Economic Union; (4)Common market
E) (1)Economic Union; (2)Common market; (3)Free trade area; (4)Customs union
C
You might also like to view...
Which of the following is NOT a factor cited to explain periodic long-term variations in the climate of
the Earth? a. tilt of the Earth's axis b. shape of the Earth's orbit c. speed of rotation of the Earth on its axis d. wobble of the Earth's axis e. All are factors.
Regional economic integration occurs when sovereign nations form a single economic region
Indicate whether the statement is true or false
Absolute zero is equal to ____
a. 0? Fahrenheit b. 0? Celsius c. 0? Kelvin d. 0? Latitude
Spring tides are tides:a
that result from the combined gravitational force of the aligned Moon and Sun. b. that occur when the Sun and Moon are disposed at right angles to one another. c. that occur in springtime when floodwaters are high. d. with a relatively small range. e. that are high only once per day.