Solved

A Customs Union Is a Trade Agreement

Question 61

Multiple Choice

A customs union is a trade agreement:


A) in which member countries are free to set their separate tariffs on other countries.
B) in which members agree to set similar tariffs on nonmembers.
C) in which resources are free to move between member countries.
D) in which member countries have common currency.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions