Stages of Economic Integration
Authored by Kerwin Alexander
Business
6th - 12th Grade
Used 56+ times
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10 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Multiple Answers Possible: Select all the options below that are characteristics of the Economic Union stage of economic integration:
No internal trade barriers
Common External Tariff/CET
Free movement of labour and capital
Common currency and economic policies
Political, social and cultural integration
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Multiple Answers Possible: Select all the options below that are characteristics of the Free Trade Area stage of economic integration:
No internal trade barriers
Common External Tariff/CET
Free movement of labour and capital
Common currency and economic policies
Political, social and cultural integration
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Multiple Answers Possible: Select all the options below that are characteristics of the Common Market stage of economic integration:
No internal trade barriers
Common External Tariff/CET
Free movement of labour and capital
Common currency and economic policies
Political, social and cultural integration
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Multiple Answers Possible: Select all the options below that are characteristics of the Custom Union stage of economic integration:
No internal trade barriers
Common External Tariff/CET
Free movement of labour and capital
Common currency and economic policies
Political, social and cultural integration
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Caricom is an example of a/an:
Free Trade Area
Custom Union
Common Market
Economic Union
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
NAFTA is an example of a/an:
Free Trade Area
Custom Union
Common Market
Economic Union
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The coming together of national economies to operate as one economy
Economic Integration
Globalization
Teamwork
CARICOM
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