What regional economic bloc removes trade restrictions between member countries and establishes a common trade policy towards non-member countries?

Question 1 (2 points)

What regional economic bloc removes trade restrictions between member countries and establishes a common trade policy towards non-member countries?  Restrictions remain on movement of factors of production.  

Save Question 2 (2 points)  Identify the term that describes a country whose national government exerts control over the national economy by controlling national banks and providing extensive welfare services. An example of this type of state would be Germany. Save Question 3 (2 points)  Identify the term that supports the view point that the state’s role in the economy should be limited to enforcing property rights and supporting free markets and free trade.  Save Question 4 (2 points)  Several countries in recent years have implemented policies that make labor markets more flexible.   Identify the country that is a model for those that support the flexibilization of labor markets through deregulation.  Save Question 5 (2 points)  Select the statement that is an example of how the state serves as the ultimate protector of the national economy according to Neil Coe, Philip Kelly and Henry Yeung.