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Basic Question 6 of 6
Trade creation means ______
B. a customs union results in an increase in trade among members.
C. a positive net welfare effect in a regional trade area.
A. more free trade can create more jobs.
B. a customs union results in an increase in trade among members.
C. a positive net welfare effect in a regional trade area.
User Contributed Comments 1
| User | Comment |
|---|---|
| EEEEvia | Why not C? |
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
explain motivations for and advantages of trading blocs, commonmarkets, and economic unions
CFA® 2024 Level I Curriculum, Volume 1, Module 6.