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If the proposed Regional Comprehensive Economic Partnership (RCEP) is successful at removing tariffs on cross-border trade between member countries Multiple Choice offsetting investment would likely
If the proposed Regional Comprehensive Economic Partnership (RCEP) is successful at removing tariffs on cross-border trade between member countries Multiple Choice offsetting investment would likely occur especially in agriculture. trade between member countries would be expected to decline. all member countries would stand to benefit, although the benefits may not be equally distributed. all competitors would be on a level playing field across all industries. efficiency and productivity would drop in most industries
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