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The Commerce Coalition (CC) is an intergovernmental organization operating in South Asia that consists of seven-member nations. The CC was established to enable free trade

The Commerce Coalition (CC) is an intergovernmental organization operating in South Asia that consists of seven-member nations. The CC was established to enable free trade across these seven countries of South Asia. A citizen of any of the member nations can easily purchase goods produced in another member nation without paying additional taxes. Given this information, it can be said that the large market created by the CC is an example of a(n) _____.

  1. monopolistic market C. oligopolistic market
  2. gray market D. globalized market

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