___________________ is one of the benefits of economic integration. It is defined as the substitution of imports from a beneficiary country within the bloc for domestic production from some other country within the bloc.

Question

Quizplus · Accepted Answer

Trade creation refers to the situation where a country can import goods more cheaply from a member of the common market than it can from a non-member. This results in the redistribution of production within the bloc which makes it easier, faster, and cheaper to do business with other member countries in the bloc.

___________________ Is One of the Benefits of Economic Integration