Objectives of Economic Integration - SS3 Economics Past Questions and Answers - page 1

1

What is the primary objective of economic integration?

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A

Increase trade

B

Increase political tensions

 

C

Increase unemployment

D

Increase poverty

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2

Which of the following is not an objective of economic integration?

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A

Increase economic efficiency

B

Increase economic growth

 

C

Increase political cooperation

D

Increase trade barriers

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3

How can economic integration promote economic growth?

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A

 By increasing trade and economic efficiency

B

By increasing political tensions

 

C

By increasing poverty

D

By increasing trade barriers 

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4

What can economic integration reduce between countries or regions?

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A

Political tensions

B

Trade barriers

 

C

Unemployment

D

Poverty

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5

What can economic integration lead to in participating countries?

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A

Higher living standards

B

Increased political tensions

 

C

Higher unemployment

D

Increased poverty

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6

What are the main objectives of economic integration? Provide three objectives.

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7

How can economic integration promote political cooperation? Provide two examples.

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