Question
9. Starting from a situation of non-preferential trade, the creation of a Customs Union (CU) between two countries (A & B) will: (a) increase A's
9. Starting from a situation of non-preferential trade, the creation of a Customs Union (CU) between two countries (A & B) will:
(a) increase A's welfare if A is a small country
(b) increase A's welfare if B is a small country
(c) increase A's welfare if B is a large country
(d) increase A's welfare if both A and B are large countries
(e) none of the above
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International Trade
Authors: John McLaren
1st edition
0470408790, 978-0470408797
