In which of the following types of regional economic integration are internal tariffs eliminated with member countries levying a common external tariff on goods being imported from nonmembers.
A) customs union
B) free trade area
C) common market
D) complete economic integration
Correct Answer:
Verified
Q1: The basic objective of export Promotion Council
Q2: The main promoter of trade liberalization was
A)gatt
B)nafta
C)cepta
D)cisa
Q3: _ is an important reason for economic
Q5: A _ focuses on eliminating internal tariffs
Q6: _ occurs when production shifts to more
Q7: Which of the following was developed with
Q8: _ occurs when trade shifts to countries
Q9: NAFTA calls for all of the following
Q10: NAFTA is a good example of:
A)trade erosion.
B)divestment.
C)retrenchment.
D)trade
Q11: Where is the headquarters of the EU?
A)belgium
B)netherlands
C)luxembourg
D)greece
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