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Which statement best explains Regional economic integration?

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Question ID #27282 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 7 Medium

Which statement best explains Regional economic integration?

Correct Answer: B. Process through which countries coordinate or combine economic policies and markets
Regional economic integration: Process through which countries coordinate or combine economic policies and markets

Question: Which statement best explains Regional economic integration?

A. Policies designed to shield domestic producers from foreign competition

B. Process through which countries coordinate or combine economic policies and markets

C. Cross-border flow of data, digital services, knowledge and platform-based commerce

D. Investment involving lasting interest and significant influence in an enterprise abroad

Correct Answer: B. Process through which countries coordinate or combine economic policies and marketsRegional economic integration: Process through which countries coordinate or combine economic policies and markets

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Which statement best explains Regional economic integration? - MCQ Explanation

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Correct answer: B. Process through which countries coordinate or combine economic policies and markets