Direct investments made in a nation or other economic units to avoid import tariffs are known as:
A) tariff factories
B) tariff diversion
C) tariff creation
D) duty-free zones
Correct Answer:
Verified
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
Q14: The static welfare effects resulting from the
Q15: Which of the following is not an
Q16: Trade creation will _ for the domestic
Q17: The British Commonwealth Preference Scheme is an
Q18: _ provide reduced barriers on trade among
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