WAEC - Economics (2022 - No. 42)
A benefit that is present in all forms of economic integration is that
factors of production are free to move and be moved
common currency is in use
common agricultural policy is in place
the size of the market is widened
Vysvětlení
Economic integration forms international co-operation among nations to foster their economic interests. Countries with common interests form themselves into an organisation whose major objectives are to remove trade barriers and other obstacles that reduce the free flow of goods and service between them.