After the customs union is formed and trade barriers among the member nations are enacted,the member nations may become less efficient due to the joined union.

Question

Quizplus · Accepted Answer

The formation of a customs union involves the reduction or elimination of trade barriers among member nations, which can lead to increased efficiency and economic growth through increased trade and specialization. Therefore, it is unlikely that a customs union would make member nations less efficient.

After the Customs Union Is Formed and Trade Barriers Among