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Country C and Country D have free-trade agreement. Which of the following is(are) correct? Country C will not impose any quota on its imports from

Country C and Country D have free-trade agreement. Which of the following is(are) correct?

  1. Country C will not impose any quota on its imports from Country D.
  2. Country C will not impose any tariffs on its imports from Country D.

A. I only

B. II only

C. Both I and II

D. Neither I nor II

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