POST COLD WAR WORLD
INTEGRATION OF EUROPE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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centrifugal force
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centripetal force
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common market
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supranational cooperation
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Detailed explanation-1: -A Common Market is an agreement between two or more countries removing all trade barriers between themselves, establishing common tariff and non-tariff barriers for importers, and also allowing for the free movement of labour, capital and services between themselves.
Detailed explanation-2: -The trade arrangement is aimed at providing improved economic benefits to all the members of the common market. The most famous example of a common market is the European Common Market, which aims to provide the free movement of goods, capital, services, and labor within the European Union.
Detailed explanation-3: -Exports are goods and services that are produced in one country and sold to buyers in another. Exports, along with imports, make up international trade.