Which of the following is not an example of dynamic benefits of the formation of customs unions?
A)increased competition
B)stimulus to investment
C)better utilization of economic resources
D)trade creation and trade diversion

Question

Quizplus · Accepted Answer

Trade creation and trade diversion are typically seen as dynamic benefits of the formation of customs unions, as they can lead to increased trade flows and specialization among member countries. Increased competition, stimulus to investment, and better utilization of economic resources are also often cited as dynamic benefits.

Which of the Following Is Not an Example of Dynamic