In which of the following forms of regional trading agreement are
Rules of origin required?
A)a freetrade area
B)a customs union
C)a common market
D)an economic union

Question

In which of the following forms of regional trading agreement are
Rules of origin required?
A)a free­trade area
B)a customs union
C)a common market
D)an economic union

Quizplus · Accepted Answer

Rules of origin are required in a free-trade area to determine which goods qualify for preferential treatment, as member countries maintain their own external tariffs.

In Which of the Following Forms of Regional Trading Agreement