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stars_and_moon stars_and_moon
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7 years ago
The trade creation effect is
A) when a trading bloc results in more trade because of lower tariffs.
B) when high tariffs result in a country having higher exports relative to imports.
C) when a trading bloc results in inefficient trade between member of the trading bloc rather than with countries outside the block.
D) when high tariffs result in a country having higher imports relative to exports.
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kingbykingby
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7 years ago
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#2
7 years ago
Incredible!
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#3
7 years ago
I was slightly debating this one, thanks for the feedback
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