Which one of the following combinations, A, B, C or D, shows the essential characteristics of a common market?
| Abolition of internal trade barriers | Common external tariff (CET) | Free movement of factors of production (labour and capital) | |
|---|---|---|---|
| A | No | Yes | No |
| B | Yes | No | No |
| C | Yes | Yes | Yes |
| D | Yes | No | Yes |
Option A
Option B
Option C
Option D
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.