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A Customs Union Is

Question 48

Multiple Choice

A customs union is:


A) a group of countries that agrees there will be "no rules" about trade-anything goes.
B) a group of countries that agrees to eliminate customs fees and containerized shipping charges on goods traded among
Them.
C) a group of countries agreeing to eliminate barriers to trade between themselves but keeping tariffs in place against the rest
Of the world.
D) a group of countries that eliminates trade barriers among themselves and erects a common tariff against all other nations.

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