Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Asia N asked in Social ScienceEconomics · 1 decade ago

Is the United States an economic union?

Is the united states an economic union?

1 Answer

Relevance
  • 1 decade ago
    Favorite Answer

    For the most part, no.

    The United States is mostly one very large economy, with different resources being located in different geographical areas.

    Each state does have some independent control over its own economy, and the capacity to form a "union" by making agreements with other states, but most of the important economic issues are controlled by federal law. Chief among these would be the fact that states are not allowed to charge tariffs to other states.

Still have questions? Get your answers by asking now.