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Basic Question 4 of 6
A trading bloc allows free movement of goods, services, and factors of production. It is called a ______.
B. customs union
C. common market
A. free trade area
B. customs union
C. common market
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Martin Rockenfeldt
Learning Outcome Statements
explain motivations for and advantages of trading blocs, commonmarkets, and economic unions
CFA® 2025 Level I Curriculum, Volume 1, Module 6.