European Integratıon Deneme Sınavı Sorusu #1405743
It is the second stage within the economic integration. The member countries are entitled to abolish all trade restrictions among themselves but continue to implement their own trade policies toward the third countries.
Which stage of the economic integration is described above?
It is the second stage within the economic integration. The member countries are entitled to abolish all trade restrictions among themselves but continue to implement their own trade policies toward the third countries.
Which stage of the economic integration is described above?
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Economic and monetary union |
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Common market |
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Customs union |
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Free trade area |
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Preferential trade agreement |
Free trade area is the next stage within the economic integration. The member countries are entitled to abolish all trade restrictions among themselves but continue to implement their own trade policies toward the countries that are out of the free trade area. In other words, member countries of a free trade area are free to implement their national external trade policy to the third countries.
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