Economics · International Trade
Match List I (Type of Economic Integration) with List II (Characteristic): A. Preferential Trade Agreement - II. Partial reduction of tariffs among member countries B. Free Trade Area - III. Removal of tariffs among members but independent external trade policy C. Customs Union - IV. Common external tariff against non-member countries D. Economic Union - I. Common economic policies among member nations Select the correct match:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-I, B-III, C-II, D-IV
- 2A-II, B-IV, C-III, D-I
- 3A-III, B-II, C-IV, D-I
- 4A-II, B-III, C-IV, D-I✓
Correct answer
A-II, B-III, C-IV, D-I
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