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Economic Intergration - Coggle Diagram
Economic Intergration
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Examples
Free Trade Area (FTA)CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) or AFTA (ASEAN Free Trade Area).
Common MarketMercosur (Southern Common Market) – Allows free movement of goods, services, and people across South American borders.
Economic UnionEuropean Union (EU) – The most integrated example, featuring a single currency (Euro) and shared central bank policies.
Customs UnionEUCU (European Union Customs Union) – Members have no internal borders and a common external tariff.
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