Asked by Daniel Juarez on May 18, 2024
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A goal of the EU is to promote progress by establishing an economic and monetary union.
Economic and Monetary Union
A type of trade bloc which combines an economic union with a monetary union, involving the adoption of a single currency among member countries.
EU
The European Union, a political and economic union of 27 member states that are located primarily in Europe, with its own legislative bodies to enact policies and laws applicable across member states.
- Identify the presence and objectives of global regional trading blocs.
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Learning Objectives
- Identify the presence and objectives of global regional trading blocs.
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