Trade diversion takes place when ?

Question

Xaibi Aslam · Accepted Answer

economic integration results in a shift in product origin from a lower-cost, nonmember country to a member country having higher costs

Xaibi Aslam · Answer

a country moves from autarky to free trade

Xaibi Aslam · Answer

a movement to a customs union reduces the costs of trade through standardization economic integration results in a

Xaibi Aslam · Answer

economic integration results in a movement in product origin to a lower cost member country

Question #48963