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Question
Economic integration whereby countries remove all barriers to trade and the movement of labor and capital between themselves and set a common trade policy against nonmembers is called a ________.A) free trade area
B) customs union
C) common market
D) preferential trade area
Answer
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A) The countries have experienced an increase in life expectancy.
B) As a result of extensive commercialism, there has been a decline in personal income.
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B) a person's position in society depends upon his educational qualifications and achievements
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A) Strict product liability laws
B) Relaxed trade and investment barriers
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