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WAEC Economics 2006 Question 48

Question 48

International Economic Organisations

Which of the following is an objective of economic integration?

  1. A.Harmonization of cultural practices
  2. B.Free movement of persons, goods and services
  3. C.Payment of high tariffs
  4. D.Dumping of goods in less developed countries.
Show the answer and explanation

Answer: B (Free movement of persons, goods and services)

Explanation

Economic integration removes barriers so people, goods and services move freely among member countries.