Economic integration aims to foster economic growth and development by removing trade barriers and promoting cooperation among countries.

Political union is not a type of economic integration, as it involves the integration of political systems rather than economic policies.

The main difference between a free trade area and a customs union is that a customs union has a common external tariff, while a free trade area does not.

The European Union is an example of a common market, as it allows for the free movement of goods, services, labor, and capital.

Economic integration can lead to increased trade and investment, enhanced economic growth and development, and improved competitiveness.

Economic integration can face challenges such as differences in economic policies, political instability, and cultural barriers.

The Association of Southeast Asian Nations (ASEAN) is not a regional cooperation organization in India.

The main objective of the South Asian Association for Regional Cooperation (SAARC) is to promote economic, political, cultural, and social cooperation in South Asia.

Thailand is not a member country of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).

The main objective of the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) is to promote economic, political, cultural, and social cooperation in the Indian Ocean region.

Regional cooperation in India can lead to increased trade and investment, enhanced economic growth and development, and improved competitiveness, but it does not lead to increased poverty and inequality.

Regional cooperation in India can face challenges such as differences in economic policies, political instability, and cultural barriers.

Imposing tariffs is not a measure to promote economic integration in India, as it restricts trade.

The government plays a crucial role in promoting economic integration and regional cooperation in India by formulating and implementing policies, providing infrastructure and support services, and facilitating trade and investment.

The future prospects of economic integration and regional cooperation in India are promising, with the potential for increased economic growth and development, enhanced competitiveness, and improved living standards.