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Question
Which of the following supports the economic case for regional economic integration?
A. International institutions such as the World Trade Organization have been moving the world away from a free trade regime.
B. The greater the number of countries involved in a free trade agreement, the fewer the perspectives that must be reconciled.
C. Coordination and policy harmonization problems are largely a function of the number of countries that seek agreement.
D. It is difficult to establish a free trade and investment regime among a limited number of adjacent countries as compared to the world community.
E. Since most governments do not intervene, unrestricted free trade and FDI have become a reality.
Answer
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