Economics WAEC

Which of the following forms of economic integration is a member nation free to impose duty against?

A. custom union
B. free trade area
C. common market
D. economic community

Correct Answer: Option D

D. economic community

Explanation

An economic community can be understood as an economic and/or political alliance that is specifically designed to foster trade and cooperation among its member countries. Its underlying purpose is to reduce trade barriers and increase cooperation among its members.

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