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Free trade areas like the European Union (EU) are inconsistent with the WTO's principle of non-discrimination, but are allowed under WTO rules. This is because
Free trade areas like the European Union (EU) are inconsistent with the WTO's principle of non-discrimination, but are allowed under WTO rules. This is because economic theory cannot say whether freer trade globally is better or worse than free trade regionally. True False
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Microeconomics
Authors: David Laibson, John List
Global Edition 1st Edition
1292079576, 978-1292079578
