One of the characteristics of free trade zone is?

A. common tariff against non-member countries
B. different trade policies of non-member countries
C. free factor mobility within the zone
D. harmonized trade among member countries

Correct Answer:

Option D – harmonized trade among member countries

Explanation

In a free trade zone, trade/business transactions are allowed to move freely between member nations. Each member country Is allowed to determine Its own trade Policies With regard to Nonmembers.