An agreement among a group of countries to eliminate trade barriers among themselves, to present a common trading front to the rest of the world in terms of common tariffs, but which does not permit free movement of factors of production among member countries, is called a... a. Free-trade area. b. Customs union. c. Confederation. d. Reciprocity association. e. Common market.

Principles of Macroeconomics (MindTap Course List)
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Chapter9: Application: International Trade
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An agreement among a group of countries to eliminate trade barriers among themselves, to present a common trading front to the rest of the world in terms of common tariffs, but which does not permit free movement of factors of production among member countries, is called a...
a.
Free-trade area.
b.
Customs union.
c.
Confederation.
d.
Reciprocity association.
e.
Common market.
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