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What is Economic Union?
  • a)
    A common market where movement of factors of production is relatively free amongst member countries.
  • b)
    A common market where movement of factors of production is restricted amongst member countries.
  • c)
    A common market where member countries coordinate macro-economic and exchange rate policies.
  • d)
    A common market where member countries coordinate macro-economic policies never cooperate exchange rate policies
Correct answer is option 'C'. Can you explain this answer?
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What is Economic Union?a)A common market where movement of factors of ...
An economic union is a common market where member countries coordinate macro-economic and exchange rate policies.
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What is Economic Union?a)A common market where movement of factors of production is relatively free amongst member countries.b)A common market where movement of factors of production is restricted amongst member countries.c)A common market where member countries coordinate macro-economic and exchange rate policies.d)A common market where member countries coordinate macro-economic policies never cooperate exchange rate policiesCorrect answer is option 'C'. Can you explain this answer?
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What is Economic Union?a)A common market where movement of factors of production is relatively free amongst member countries.b)A common market where movement of factors of production is restricted amongst member countries.c)A common market where member countries coordinate macro-economic and exchange rate policies.d)A common market where member countries coordinate macro-economic policies never cooperate exchange rate policiesCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is Economic Union?a)A common market where movement of factors of production is relatively free amongst member countries.b)A common market where movement of factors of production is restricted amongst member countries.c)A common market where member countries coordinate macro-economic and exchange rate policies.d)A common market where member countries coordinate macro-economic policies never cooperate exchange rate policiesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is Economic Union?a)A common market where movement of factors of production is relatively free amongst member countries.b)A common market where movement of factors of production is restricted amongst member countries.c)A common market where member countries coordinate macro-economic and exchange rate policies.d)A common market where member countries coordinate macro-economic policies never cooperate exchange rate policiesCorrect answer is option 'C'. Can you explain this answer?.
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