Economics · International Economics
If a group of countries abolish trade barriers among themselves and establish a common external tariff for non-member countries, this integration is known as:
- 1A common market
- 2A customs union✓
- 3A free trade area
- 4A federation
Correct answer
A customs union
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on International Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · International Economics