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Match List-I with List-II and select the correct answer using the codes given below the lists:List-I List-II (a) Free trade area 1. No restriction on trade and factor movement (b) Customs union 2. Trade is free and no customs duties (c) Common market 3. No customs duties; duties on non-members (d) Economic union 4. Advanced stage of integration Codes: (a) (b) (c) (d)

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International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. Basicaly, International economics deals with issues arising from economic interaction among sovereign nations


Match List-I with List-II and select the correct answer using the codes given below the lists:<br>List-I List-II (a) Free trade area 1. No restriction on trade and factor movement (b) Customs union 2. Trade is free and no customs duties (c) Common market 3. No customs duties; duties on non-members (d) Economic union 4. Advanced stage of integration Codes: (a) (b) (c) (d)






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