Trade creation will more likely outweigh trade diversion for Country X that forms a customs union if the level of tariffs in Country X prior to the customs union is ________ and the total number of countries forming the customs union is _________?
2
A positive, dynamic effect of economic integration is illustrated by ?
3
_________ is said to exist when the formation of a regional trading group leads to an expansion of trade above pregroup levels ?
These are just sample questions. The actual quiz contains 20 questions.
