Question

Three countries agree to remove barriers to trade between member countries and adopt a common external trade policy toward nonmembers. They also agree to allow people and other factors of production to move freely across their borders. Which level of economic integration is this an example of?a. Free trade areab. Common marketc. Bonded marketd. Customs union

Answer 1

Answer: A common market

Explanation:

The three member nations are engaged in a common market.

A common market is an economic set up where a group of countries agree to form a trade environment where goods can freely pass their borders with little or no duties to pay and forming common economic front when dealing with other non member nations.