- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 6. International Trade
- Subject 3. Trading Blocs, Common Markets, and Economic Unions
CFA Practice Question
A trading bloc allows free movement of goods, services, and factors of production. It is called a ______.
B. customs union
C. common market
A. free trade area
B. customs union
C. common market
Correct Answer: C
A and B don't allow free movement of factors of production.
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