Trade shifting to countries within a regional trade agreement at the expense of trade with countries ...

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Trade shifting to countries within a regional trade agreement at the expense of trade with countries ...

Trade shifting to countries within a regional trade agreement at the expense of trade with countries not in the agreement is called ________.
A) a dynamic effect
B) trade creation
C) trade diversion
D) economy of scale

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International Business

Edition: 15^th

Authors: Daniels, Radebaugh, Sullivan

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