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Basic Question 6 of 6
Trade creation means ______
B. a customs union results in an increase in trade among members.
C. a positive net welfare effect in a regional trade area.
A. more free trade can create more jobs.
B. a customs union results in an increase in trade among members.
C. a positive net welfare effect in a regional trade area.
User Contributed Comments 1
| User | Comment |
|---|---|
| EEEEvia | Why not C? |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain motivations for and advantages of trading blocs, commonmarkets, and economic unions
CFA® 2025 Level I Curriculum, Volume 1, Module 6.