Solved

A Customs Union Is

Question 25

Multiple Choice

A customs union is:


A) a group of customs laws intended to reduce tariffs and stimulate trade.
B) a free trade area with a common external tariff.
C) a free trade area with no tariffs between the member nations.
D) a union of nations that promotes lower tariffs for international trade.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents