Question #48960

________ is said to exist when the formation of a regional trading group leads to the reduction of trade with nonmember countries in favor of member countries ?


Options:

Answer: trade diversion is said to exist when the formation of a regional trading group leads to the reduction of trade with nonmember countries in favor of member countries .

Question Screenshot

Question Screenshot
For best sharing results, download the image first and then attach it to your social media post.

Test Your Knowledge

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz

Share This Question