Economics · Economic Integration
In the process of economic integration among different nations, which of the following represents the correct sequential order from lowest to highest level of integration?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Common market - Free trade area - Economic union - Customs union
- 2Free trade area - Common market - Customs union - Economic union
- 3Free trade area - Customs union - Common market - Economic union✓
- 4Common market - Free trade area - Customs union - Economic union
Correct answer
Free trade area - Customs union - Common market - Economic union
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