Vidyalelo
Commerce · Q475

Marketing Management

Graduate and Post Graduate · Commerce · question 475

Q475

A common market is one where

A.
all the trading nations agree commonly to levy a common and uniform tariff rate for all goods
B.
all the trading nations agree commonly to rationalise tariff and non-tariff barriers mutually to promote intra-region trade
C.
there is a customs union along with free intra-union movement of factors of production
Answer
D.
there is an economic union along with free intra-union movement of residents

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board