Free Trade Area

Customs Union

Common Market

Economic Union

Political Union

To eliminate tariffs and other trade barriers among member countries

To establish a common external tariff

To allow free movement of labor and capital among member countries

To create a single currency among member countries

To establish a common political system among member countries

The European Union (EU)

The North American Free Trade Agreement (NAFTA)

The Association of Southeast Asian Nations (ASEAN)

The Southern Common Market (Mercosur)

The African Union (AU)

Elimination of tariffs and other trade barriers among member countries

Establishment of a common external tariff

Free movement of labor and capital among member countries

Creation of a single currency among member countries

Establishment of a common political system among member countries

The European Union (EU)

The North American Free Trade Agreement (NAFTA)

The Association of Southeast Asian Nations (ASEAN)

The Southern Common Market (Mercosur)

The African Union (AU)

To promote economic integration among countries in a region

To enhance political stability and security in a region

To promote cultural and educational exchanges among countries in a region

To address common challenges and issues facing countries in a region

All of the above

The European Union (EU)

The North American Free Trade Agreement (NAFTA)

The Association of Southeast Asian Nations (ASEAN)

The Southern Common Market (Mercosur)

The African Union (AU)

Increased trade and economic growth

Improved political stability and security

Enhanced cultural and educational exchanges

Address common challenges and issues facing countries in a region

All of the above

Differences in economic development levels among countries

Political and cultural differences among countries

Lack of infrastructure and transportation networks

Trade imbalances and disputes

All of the above

By reducing trade barriers and tariffs

By promoting investment and economic cooperation

By establishing common standards and regulations

By addressing common challenges and issues facing countries in a region

All of the above

To provide a forum for dialogue and cooperation among countries

To provide technical and financial assistance to countries

To promote trade and investment among countries

To resolve trade disputes and conflicts among countries

All of the above

The European Union (EU)

The North American Free Trade Agreement (NAFTA)

The Association of Southeast Asian Nations (ASEAN)

The Southern Common Market (Mercosur)

All of the above

The rise of protectionism and economic nationalism

The increasing complexity of global supply chains

The emergence of new technologies and the digital economy

The growing inequality between countries

All of the above

By promoting free trade and reducing trade barriers

By investing in infrastructure and transportation networks

By addressing common challenges and issues facing countries in a region

By promoting cultural and educational exchanges among countries

All of the above

To raise awareness about the benefits of Economic Integration and Regional Cooperation

To advocate for policies that promote Economic Integration and Regional Cooperation

To provide technical and financial assistance to countries

To monitor and evaluate the implementation of Economic Integration and Regional Cooperation agreements

All of the above