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mm6173 - 3: 2025 - sep - 10wk - mm: international business management 2 10wk - mm
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question 18
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the political case for regional ____ has also loomed large in most attempts to establish free trade areas, customs unions, and the like.
a. economic integration
b. political organizations
c. economic spheres
d. free trade areas
e. customs unions
Regional economic integration involves agreements among countries to reduce trade barriers and coordinate economic policies. Political factors play a significant role in the establishment of free - trade areas, customs unions etc. which are forms of regional economic integration.
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A. economic integration