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Free Trade Is

Question 16

Multiple Choice

Free trade is:


A) an agreement between two parties to sell goods to one another with the absence of currency transaction.
B) the re-routing of imports from non-members through the member that has the lowest tariffs in a free trade area.
C) when low-cost external suppliers are replaced by high-cost suppliers inside the free trade area.
D) the absence of barriers to the free flow of goods and services between countries.

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