Across
- 4. Which trade bloc removes internal tariffs and sets a common external tariff?
- 5. What is a mutually accepted arrangement between parties?
- 6. South American customs union with many exceptions
- 9. What term describes an agreement between two countries?
- 11. What term describes economic cooperation within a geographic area?.
- 12. Production moves from an expensive home producer to a cheaper partner.
Down
- 1. What process links economies by reducing barriers between them?
- 2. What means working together toward a shared goal?
- 3. What term describes an agreement involving three or more countries
- 7. Which integration stage adds free movement of labour and capital to a customs union?
- 8. What condition allows businesses to plan without frequent disruption?
- 10. Which area is the largest free trade area in the world by number of countries