Asked by Abdul Rahman Aljajah on Jun 09, 2024
Verified
Economic ________ occurs when two or more nations join to form a free-trade zone.
A) integration
B) correlation
C) conjugation
D) immigration
Economic Integration
The process by which different countries reduce trade barriers and coordinate their economic policies to facilitate more efficient trade and investment.
Free-Trade Zone
A specially designated area where goods can be imported, stored, handled, manufactured, or reconfigured without being subject to customs duty.
- Understand the role of economic integration in promoting free trade among nations.
Verified Answer
KR
Katerina ReznikJun 14, 2024
Final Answer :
A
Explanation :
Economic integration is the correct term for when two or more nations join together to form a free-trade zone, allowing for the easier movement of goods, services, and resources between them.
Learning Objectives
- Understand the role of economic integration in promoting free trade among nations.