A _____________ will benefit the world only if the amount of trade it creates exceeds the amount it diverts.
A) regional free trade agreement
B) trade diversion
C) trade synergy
D) trade creation
E) trade development

Question

Quizplus · Accepted Answer

The statement emphasizes the importance of trade creation over trade diversion, which means that any regional free trade agreement should create more trade than what it diverts from other countries. Thus, option A, regional free trade agreement, is the best choice as it aligns with the statement's emphasis.

A _____________ Will Benefit the World Only If the Amount