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Match the following List-I (Levels of Integration) List-II (Features) a Customs...

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Business Environment and International Business
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Match the following.
List-I (Levels of Integration) List-II (Features)
a. Customs union 1. It allows for the free mobility of capital and labour across countries
b. Common market 2. Its example is NAFTA
c. Free trade area 3. It occurs when a group of countries agree to eliminate a set of common external tariffs on imports

Answer & Solution
Correct Answer: Option B
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