Cooperation among unification of the economies of different nations is termed as_____________________?
Correct answer: A. Economic integration
- A. Economic integration
- B. Economic Bloc
- C. Economic union
- D. none
Explanation
Economic integration is the process by which countries reduce barriers and coordinate or unify aspects of their economies. An economic union is a more advanced specific stage of integration that also involves common policies and usually free movement of factors.
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