NABTEB Economics 2022 Objective — Question 48
Question 48 of 50 from the National Business and Technical Examinations Board (NABTEB) Economics 2022 Objective paper, with the correct answer and a full explanation.
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A benefit that is present in all forms of economic integration is that
- A. factors of production are free to move and be moved
- B. common currency is in use
- C. common agricultural policy is in place
- D. the size of the market is widenedCorrect
Explanation
A common benefit of all forms of economic integration is that the size of the market for goods and services is widened as output is increased.
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