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.Management Sciences
A. elimination of trade restrictions among member countries
B. a common tax system and monetary union
C. prohibition to restriction on factor movements
D. a common tariff levied in imports from nonmembers
Related Mcqs:
- The NAFTA is a ?
- A. monetary union B. free trade area C. common market D. customs union...
- A ____ is a regional trading bloc in Which member countries eliminate internal trade barriers but maintain existing barriers against countries that are not member ?
- A. free trade area B. customs union C. common market D. monetary union...
- Which level of economic integration best applies to the U.S economy ?
- A. free trade area B. customs union C. common market D. monetary union...
- If A imposes a per unit tariff of $10 on imports from both B and C A will import ?
- A. 400 units from B B. 200 units from C C. 200 units from each D. 400 units from B and 200 units from C...
- If A forms a customs union with C, the value of trade diversion will be ?
- A. $0 B. $10,000 C. $20,000 D. $40,000...
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