Areas set up to attract foreign investments by allowing the importation of raw and intermediate materials without paying tariffs are called:
A) Customs unions
B) Duty-free zones
C) free trade area
D) Economic unions
Correct Answer:
Verified
Q2: Which of the following represents the loosest
Q3: With free trade,the supply curve faced by
Q4: Trade diversion will _ for the domestic
Q5: A(n)_ is a group of nations with
Q6: Suppose that apples from Japan face a
Q8: Benelux is an example of a(n):
A)preferential trade
Q9: Which of the following organizations started as
Q10: When a member of custom union,replaces one
Q11: _ occurs when some domestic production in
Q12: A _ allows no tariffs or other
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