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Basic Question 1 of 6

Free trade areas among countries are established to ______

A. take advantage of a common language or culture.
B. reduce or eliminate trade barriers among members.
C. coordinate monetary policies among countries.

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Craig Baugh

Craig Baugh

Learning Outcome Statements

explain motivations for and advantages of trading blocs, commonmarkets, and economic unions

CFA® 2026 Level I Curriculum, Volume 1, Module 6.