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Economic union

• An agreement between two or more countries that allows the free movement of capital, labor, all goods and services, and involves the harmonization and unification of social, fiscal, and monetary policies.

 
 Embedded terms in definition
 Capital
 
 Related Terms
 

<< Economic surplus Economic value added >>

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To accomplish great things, we must not only act but also dream. Not only plan but also believe. Anatole France

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