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Using the economic analysis of preferential liberalization, and the motivation of special- interest groups (well-organized groups often have political weight that is far in excess

Using the economic analysis of preferential liberalization, and the motivation of special- interest groups (well-organized groups often have political weight that is far in excess of their economic weight), explain what are the WTO restrictions on customs unions and free trade areas, and why these restrictions are a good idea for world trade and economic welfare.

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