passwella.
Menu

WAEC Economics 2022 Question 48

Question 48

International Economic Organisations

A benefit that is present in all forms of economic integration is that

  1. A.factors of production are free to move and be moved
  2. B.common currency is in use
  3. C.common agricultural policy is in place
  4. D.the size of the market is widened
Show the answer and explanation

Answer: D (the size of the market is widened)

Explanation

Every form of integration removes trade barriers, so producers get a larger market.