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What is true of economic unions? Multiple Choice & 00:24:40 Geographic and temporal proximity are absolutely imperative for members of a customs union. Economic integration
What is true of economic unions? Multiple Choice & 00:24:40 Geographic and temporal proximity are absolutely imperative for members of a customs union. Economic integration is not influenced by the existence or absence of transportation networks. Individual differences do not affect the success quotient of that union. Economic, political, geographical, and cultural factors are important for the success of an economic union. A political union has the least amount of integration compared to all the other types of regional economic integrations
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