With regards to international trade the European Union can be categorised as a __________.

CA Foundation · Business Economics · PYQS · January 2025
With regards to international trade the European Union can be categorised as a __________.
(A) A. Trading bloc
(B) B. Free trade area
(C) C. Bilateral agreements
(D) D. Customs union

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Customs union

Topics: International Trade

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