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If a group of countries have adopted:(i).

If a group of countries have adopted:

(i). Free trade in goods and services between member states,

(ii). Free movement of capital and labor between member states,

(iii). A common external tariff policy,

This would be an example of a(n)

A.

free trade area

B.

customs union

C.

common (or single) market

D.

economic union

CIMA BA1 Summary

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  • Product: BA1
  • Update on: Jul 28, 2025
  • Questions: 468
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