Which form of regional cooperation agreement, when fully implemented, entails creation of a unified central bank, the use of a single currency, and common policies on agriculture, social services and welfare?

Which form of regional cooperation agreement, when fully implemented, entails creation of a unified central bank, the use of a single currency, and common policies on agriculture, social services and welfare?



A) Free trade area
B) Customs union
C) Common market
D) Economic union
E) Dispute settlement body


Answer: D) Economic union


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