Final answer:
True, professionals such as doctors and lawyers can typically practice in different member countries within an Economic Union, subject to fulfilling relevant local requirements.
Step-by-step explanation:
The statement is true. Under an Economic Union, there is not only free trade and a common external trade policy but also coordination in fiscal and monetary policies among the member countries. This level of integration usually includes mutual recognition of professional qualifications, which means that a doctor or lawyer qualified in one member country of an Economic Union is allowed to practice their profession in another member country. However, they might still need to fulfill certain local legal requirements or go through a certification process.
Certainly, the accuracy of the statement underscores the comprehensive nature of Economic Unions. Beyond free trade and shared external trade policies, these unions involve harmonization in fiscal and monetary strategies among member nations. This advanced level of integration extends to recognizing professional qualifications across borders. For instance, a doctor or lawyer qualified in one member country is typically permitted to practice in another. Despite this recognition, localized legal prerequisites or certification processes may still be necessary, ensuring a balance between seamless professional mobility and adherence to specific regional standards within the Economic Union. This multifaceted approach enhances collaboration and coherence among member states on various economic and professional fronts.