Economic Union in the United States

Economic Union in the International Business Landscape

Definition of Economic Union in the context of U.S. international business and public trade policy: A group of countries committed to (1) removing all barriers to the free flow of goods, services, and factors of production between each other, (2) the adoption of a common currency, (3) the harmonization of tax rates, and (4) the pursuit of a common external trade policy.

Economic Union in the International Business Landscape

Definition of Economic Union in the context of U.S. international business and public trade policy: Form of regional economic integration that combines features of a common market with coordination of economic policies among its members.