a. How is a customs union different from a free-trade area? Provide examples of each. b. Why

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a. How is a customs union different from a free-trade area? Provide examples of each.
b. Why do some economists prefer multilateral trade agreements to regional trade agreements?

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International Economics

ISBN: 978-1429278447

3rd edition

Authors: Robert C. Feenstra, Alan M. Taylor

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Question Posted: Feb 04, 2016 05:32 AM

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a. How is a customs union different from a free-trade area? Provide examples of each. b. Why

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a Members of a customs union impose a uniform tariff on countries outside ...View the full answer

International Economics

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