Regionalism

WTO is the example of ...

AUSFTA (Australia-US FTA) implementing the removal of tariffs and non-tariffs barriers between them and not towards countries outside their FTA is the example of ...

• Closed regionalism

• Open regionalism

• Economic Union

• Custom Union

Economic integration that includes unification of internal and external tariffs along with free movement of capital + labors is called ...

• Free Trade Area

• Customs Union

• Common Market

• Economic Union

... is the effort of ASEAN to further its economic integration.

Draw the emblem/logo/flag of the global deepest economic integration.

Answer explanation

EUROPEAN UNION! Dark blue background with 12 yellow stars on it. :)