

MCQOPTIONS
Saved Bookmarks
1. |
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 _________? |
A. | relatively high; relatively large |
B. | relatively high; relatively small |
C. | relatively low ; relatively large |
D. | relatively low ; relatively small |
Answer» B. relatively high; relatively small | |