Global Economic Integration
Grade 7•45 minutes
Learning Objective
I can describe the idea of "The Great Convergence" and give examples of how different countries are becoming more similar economically.
Practice Questions
This lesson includes 7 practice questions to reinforce learning.
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1. Define economic integration in your own words.
2. Explain the difference between a free trade area and a custom union.
3. How does a common market differ from a custom union? Give an example of something that can occur in a common market but not in a custom union.
...and 4 more questions
Educational Video
Economic Integration Explained | Free Trade Area | Custom Union | Common Market | Economics
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