Customs union

[ Choose ] The growing economic interdependence that results when two or more countries within a region form an alliance aimed at reducing to trade and investment Export-assembly plants in northern Mexico along the US border that produce components and typically finished products destined for the United Stated on a tariff-free basis A stage in regional integration in which the member countries agree to adopt common tariff and nontariff barriers on imports from member countries A stage of regional integration in which trade barriers are reduced or removed; common external barriers are established; send products, services, and factors of production are allowed to move freely among the members A stage of regional integration in which member countries enjoy all the advantages of early stages but also strive to have common fiscal and monetary policies A formal arrangement between two or more countries to reduce or eliminate tariffs, quotas, and barriers to trade in products and services. An area within a country that receives imported goods for assembly or other pressing and re-export. For customers purposes, the FTZ is treated as if it is outside the country's borders

Common market

[ Choose ] The growing economic interdependence that results when two or more countries within a region form an alliance aimed at reducing to trade and investment Export-assembly plants in northern Mexico along the US border that produce components and typically finished products destined for the United Stated on a tariff-free basis A stage in regional integration in which the member countries agree to adopt common tariff and nontariff barriers on imports from member countries A stage of regional integration in which trade barriers are reduced or removed; common external barriers are established; send products, services, and factors of production are allowed to move freely among the members A stage of regional integration in which member countries enjoy all the advantages of early stages but also strive to have common fiscal and monetary policies A formal arrangement between two or more countries to reduce or eliminate tariffs, quotas, and barriers to trade in products and services. An area within a country that receives imported goods for assembly or other pressing and re-export. For customers purposes, the FTZ is treated as if it is outside the country's borders

Economic union

[ Choose ] The growing economic interdependence that results when two or more countries within a region form an alliance aimed at reducing to trade and investment Export-assembly plants in northern Mexico along the US border that produce components and typically finished products destined for the United Stated on a tariff-free basis A stage in regional integration in which the member countries agree to adopt common tariff and nontariff barriers on imports from member countries A stage of regional integration in which trade barriers are reduced or removed; common external barriers are established; send products, services, and factors of production are allowed to move freely among the members A stage of regional integration in which member countries enjoy all the advantages of early stages but also strive to have common fiscal and monetary policies A formal arrangement between two or more countries to reduce or eliminate tariffs, quotas, and barriers to trade in products and services. An area within a country that receives imported goods for assembly or other pressing and re-export. For customers purposes, the FTZ is treated as if it is outside the country's borders

Foreign trade zone

[ Choose ] The growing economic interdependence that results when two or more countries within a region form an alliance aimed at reducing to trade and investment Export-assembly plants in northern Mexico along the US border that produce components and typically finished products destined for the United Stated on a tariff-free basis A stage in regional integration in which the member countries agree to adopt common tariff and nontariff barriers on imports from member countries A stage of regional integration in which trade barriers are reduced or removed; common external barriers are established; send products, services, and factors of production are allowed to move freely among the members A stage of regional integration in which member countries enjoy all the advantages of early stages but also strive to have common fiscal and monetary policies A formal arrangement between two or more countries to reduce or eliminate tariffs, quotas, and barriers to trade in products and services. An area within a country that receives imported goods for assembly or other pressing and re-export. For customers purposes, the FTZ is treated as if it is outside the country's borders

Maquiladoras

[ Choose ] The growing economic interdependence that results when two or more countries within a region form an alliance aimed at reducing to trade and investment Export-assembly plants in northern Mexico along the US border that produce components and typically finished products destined for the United Stated on a tariff-free basis A stage in regional integration in which the member countries agree to adopt common tariff and nontariff barriers on imports from member countries A stage of regional integration in which trade barriers are reduced or removed; common external barriers are established; send products, services, and factors of production are allowed to move freely among the members A stage of regional integration in which member countries enjoy all the advantages of early stages but also strive to have common fiscal and monetary policies A formal arrangement between two or more countries to reduce or eliminate tariffs, quotas, and barriers to trade in products and services. An area within a country that receives imported goods for assembly or other pressing and re-export. For customers purposes, the FTZ is treated as if it is outside the country's borders

Regional economic integration

[ Choose ] The growing economic interdependence that results when two or more countries within a region form an alliance aimed at reducing to trade and investment Export-assembly plants in northern Mexico along the US border that produce components and typically finished products destined for the United Stated on a tariff-free basis A stage in regional integration in which the member countries agree to adopt common tariff and nontariff barriers on imports from member countries A stage of regional integration in which trade barriers are reduced or removed; common external barriers are established; send products, services, and factors of production are allowed to move freely among the members A stage of regional integration in which member countries enjoy all the advantages of early stages but also strive to have common fiscal and monetary policies A formal arrangement between two or more countries to reduce or eliminate tariffs, quotas, and barriers to trade in products and services. An area within a country that receives imported goods for assembly or other pressing and re-export. For customers purposes, the FTZ is treated as if it is outside the country's borders

Free trade agreement

[ Choose ] The growing economic interdependence that results when two or more countries within a region form an alliance aimed at reducing to trade and investment Export-assembly plants in northern Mexico along the US border that produce components and typically finished products destined for the United Stated on a tariff-free basis A stage in regional integration in which the member countries agree to adopt common tariff and nontariff barriers on imports from member countries A stage of regional integration in which trade barriers are reduced or removed; common external barriers are established; send products, services, and factors of production are allowed to move freely among the members A stage of regional integration in which member countries enjoy all the advantages of early stages but also strive to have common fiscal and monetary policies A formal arrangement between two or more countries to reduce or eliminate tariffs, quotas, and barriers to trade in products and services. An area within a country that receives imported goods for assembly or other pressing and re-export. For customers purposes, the FTZ is treated as if it is outside the country's borders