All of the Following Are Factors Mitigating Against Global Trade

Multiple Choice

All of the following are factors mitigating against global trade liberalization EXCEPT

A) regional trading arrangements may limit trade liberalization with outsiders.
B) a small nation might do better entering into a pact with a larger nation rather than competing globally.
C) trading bloc members may not realize economies of scale through global liberalization.
D) trading bloc members prefer competing globally rather than locally.