Professional Documents
Culture Documents
Global Interstate
System
A state is a territory with its own institutions and
populations while A nation is a large group of people who
inhabit a specific territory and are connected by history,
culture, or another commonality.
03 Custom Union – Goods inside the union can move freely with no
additional tariffs
7 Stages of Economic Integration
04 Common Market – aside from free trade, CM also made free
movement of labor and capital among members.