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Basic Question 4 of 6

A trading bloc allows free movement of goods, services, and factors of production. It is called a ______.

A. free trade area
B. customs union
C. common market

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

explain motivations for and advantages of trading blocs, commonmarkets, and economic unions

CFA® 2024 Level I Curriculum, Volume 1, Module 6.