Commerce Short Question | Gkseries

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Question

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.
D there is an economic union along with free intra-union movement of residents.

Answer & Explanation

Answer:there is a customs union along with free intra - union movement of factors of production.

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