WAEC Economics 2024 Question 48

Question 48

International Economic Organisations

Harmonised monetary and fiscal policies is a feature of

  1. A.a free trade area.
  2. B.an economic union.
  3. C.a customs union.
  4. D.a common market.
Show the answer and explanation

Answer: B (an economic union.)

Explanation

An economic union co-ordinates members' monetary and fiscal policies.