Answer the question(s)below based upon the following diagram which depicts country A's market for its importable.

-Refer to the figure above.If A forms a customs union with C,the quantity of trade creation will be

Question

Answer the question(s)below based upon the following diagram which depicts country A's market for its importable.
 
-Refer to the figure above.If A forms a customs union with C,the quantity of trade creation will be

Quizplus · Accepted Answer

Trade creation occurs when a customs union leads to the replacement of higher-cost domestic production with lower-cost imports from a member country. If A forms a customs union with C, the trade creation is the difference between the quantity imported from C and the quantity previously produced domestically, which is 30 units.

Answer the Question(s)below Based Upon the Following Diagram Which Depicts