If A forms a customs union with B, A will import ?

Related Mcqs:

Which country is not a member of the European Union ?

A. Spain B. Germany C. France D. Iceland...

Which factor of production in the United States is most likely to be made worse off (its factor payment will decrease) because of the North American Free Trade Agreement ?

A. Capital B. land C. skilled labor D. unskilled labor...

The European Union has achieved all of the following except ?

A. adopted a common fiscal policy for member nations B. established a common system of agricultural price supports C. disbanded all tariffs between its member countries D. levied common tariffs on products imported from nonmembers...

The European Union is an example of a/an ?

A. customs union B. economic union C. common market D. free trade area...

Trade creation will more likely outweigh trade diversion for Country X that forms a customs union if the level of tariffs in Country X prior to the customs union is ________ and the total number of countries forming the customs union is _________?

A. relatively high; relatively large B. relatively high; relatively small C. relatively low ; relatively large D. relatively low ; relatively small...