A ________ has reduced or eliminated internal tariffs and adds a common external tariff on products imported from countries outside the group.

Question

Quizplus · Accepted Answer

A customs union involves member countries reducing or eliminating tariffs among themselves while adopting a common external tariff on imports from non-member countries. This helps to facilitate trade between member countries and establish a unified stance towards trade with the rest of the world.

A ________ Has Reduced or Eliminated Internal Tariffs and Adds