Question
The movement toward freer trade under a customs union has only trade creation effects, while under an economic union both trade creation and trade diversion
"The movement toward freer trade under a customs union has only trade creation effects, while under an economic union both trade creation and trade diversion effects occur". Do you agree or disagree with this statement, and why? How does regional economic integration impact globalization?
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Business Law With UCC Applications
Authors: Gordon Brown, Paul Sukys
13th Edition
0073524956, 978-0073524955
