What is Economic Union?
A.A common market where movement of factors of production is relatively free amongst member countries.
B.A common market where movement of factors of production is restricted amongst member countries.
C.A common market where member countries coordinate macro-economic and exchange rate policies.
D.A common market where member countries coordinate macro-economic policies never cooperate exchange rate policies.
Answer:C
What is Economic Union?
A.A common market where movement of factors of production is relatively free amongst member countries. B.A common market where movement of factors of production is restricted amongst member countries. C.A common market where member countries coordinate macro-economic and exchange rate policies. D.A common market where member countries coordinate macro-economic policies never cooperate exchange rate policies.
Explanation: An economic union is a common market where member countries coordinate macro-economic and exchange rate policies.