CFA CFA Level 1 Question of the Week – Economics

Question of the Week – Economics

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    • Avatar of hairyfairyhairyfairy
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        Looking forward to the explanation on this one!

      • Avatar of AdaptPrepAdaptPrep
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          All
          three of these
          allow for free, unrestricted access of trading goods
          and services. Of the above, the baseline is a free trade area. A customs union
          is a free trade area with common policies amongst trading with nonmembers. A
          common market is a customs union which also allows for free trading of
          intermediary (rather than final) goods.

        • Avatar of shannondailyshannondaily
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            Whoo! I got it right. 🙂 

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