Economic Integration: Theory, Levels & Types

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following best describes economic integration?

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1. Which of the following is the general argument in support of economic integration?

2. NAFTA is an example of which of the following?

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About This Quiz & Worksheet

Economic integration is a key concept in economics, and this quiz/worksheet will help you test your understanding of what constitutes it as well as its goals and applications.

Quiz & Worksheet Goals

In these assessments you'll be tested on the definitions, goals, and features of:

  • Economic integration
  • Economic structures
  • The common market
  • NAFTA

Skills Practiced

This quiz and worksheet allow students to test the following skills:

  • Defining key concepts - ensure that you can accurately describe economic integration
  • Making connections - use understanding of the concept of economic integration in multiple forms
  • Distinguishing differences - compare and contrast the level of economic integration in different economic structures
  • Information recall - access the knowledge you've gained regarding NAFTA, the common market, and arguments in support of economic integration

Additional Learning

To learn more about economics, review the accompanying lesson on Economic Integration: Theory, Levels & Types. This lesson covers the following objectives:

  • Define economic integration
  • Understand the theoretical argument for economic integration
  • Define free trade agreements
  • Define tariffs
  • Understand the function of quotas
  • Understand the function of free trade areas
  • Define customs union
  • Define common market
  • Define economic union
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