Economic union
id:
economic-union-174-11941970
title:
Economic union
text:
An economic union is a type of trade bloc which is composed of a common market with a customs union. The participant countries have both common policies on product regulation, freedom of movement of goods, services and the factors of production as well as a common external trade policy. When an economic union involves unifying currency, it becomes an economic and monetary union. The purposes for establishing an economic union normally include increasing economic efficiency and establishing close
brand slug:
wiki
category slug:
encyclopedia
description:
Trading bloc with no internal barriers and common policies on regulation and trade
original url:
https://en.wikipedia.org/wiki/Economic_union
date created:
2008-10-16T16:15:03Z
date modified:
2024-09-02T22:58:25Z
main entity:
{"identifier":"Q3623811","url":"https://www.wikidata.org/entity/Q3623811"}
image:
fields total:
13
integrity:
15