Common market is an agreement between two or more countries. What this agreement permits ?
Correct answer: C. Both of them
- A. Free movement of capital and labor
- B. Free movement of goods and services
- C. Both of them
- D. None of them
Explanation
A common market removes restrictions on trade in goods and services and also allows the movement of production factors such as labour and capital among member countries. Therefore, both statements apply.
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