A ________________ eliminates all tariffs and barriers to trade among members, adopts a common set of external tariffs on nonmembers, and removes all restrictions on the flow of capital and labor among member nations.
A)regional market
B)common market
C)monetary market
D)political market
E)customs market

Question

Quizplus · Accepted Answer

A common market, by definition, eliminates all tariffs and barriers to trade among member countries, adopts a common set of external tariffs on nonmembers, and removes all restrictions on the flow of capital and labor among member nations.

A ________________ Eliminates All Tariffs and Barriers to Trade Among