Which of the following would increase the total amount of trade in the world?
A) trade diversion
B) trade deflection
C) trade retention
D) rules of origin

Name: Which of the following would increase the total amount of trade in the world? A) trade diversion B) trade deflection C) trade retention D) rules of origin
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Question

Quizplus · Accepted Answer

Trade deflection increases the total amount of trade by redirecting goods through countries with lower tariffs, thus facilitating more trade activity.

Which of the Following Would Increase the Total Amount of Trade