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10 questions
Multiple Answers Possible: Select all the options below that are characteristics of the Economic Union stage of economic integration:
No internal trade barriers
Common External Tariff/CET
Free movement of labour and capital
Common currency and economic policies
Political, social and cultural integration
Multiple Answers Possible: Select all the options below that are characteristics of the Free Trade Area stage of economic integration:
No internal trade barriers
Common External Tariff/CET
Free movement of labour and capital
Common currency and economic policies
Political, social and cultural integration
Multiple Answers Possible: Select all the options below that are characteristics of the Common Market stage of economic integration:
No internal trade barriers
Common External Tariff/CET
Free movement of labour and capital
Common currency and economic policies
Political, social and cultural integration
Multiple Answers Possible: Select all the options below that are characteristics of the Custom Union stage of economic integration:
No internal trade barriers
Common External Tariff/CET
Free movement of labour and capital
Common currency and economic policies
Political, social and cultural integration
Caricom is an example of a/an:
Free Trade Area
Custom Union
Common Market
Economic Union
NAFTA is an example of a/an:
Free Trade Area
Custom Union
Common Market
Economic Union
The coming together of national economies to operate as one economy
Economic Integration
Globalization
Teamwork
CARICOM
The global integration of international trade, investment, information technology (IT), and cultures.
Economic Integration
Globalization
Trading bloc
CARICOM
What type of economic measure is being shown here?
Economic Integration
Globalization
Protectionism
Trade Liberalization
Groups of nations that come together to trade under a trading agreement
Economic Integration
Globalization
Trading bloc
CARICOM