A: Free trade among members.
B: FTA asks all the members to negotiate for a common external trade policy.
C: External trade policy towards non-member countries.
D: FTA is more popular than Customs Union.
举一反三
- 中国大学MOOC: What is the difference between Free Trade Area and Customs Union?
- A trade-diverting customs union: ( ) A: increases trade among union members and with nonmember nations B: reduces trade among union members and with nonmember nations C: increases trade among members but reduces trade with non-members D: reduces trade among union members but increases it with nonmembers
- Member countries in a free trade area have a common international trade policy with countries outside the bloc.
- A trade-creating customs union is one where: A: lower-cost imports from outside the customs union are replaced by higher-cost imports from a union member B: trade among members increases but trade with nonmembers decreases C: trade among members decreases while trade with nonmembers increases D: none of the above
- At present, the European Union is __________ . A: a free trade area B: a customs union C: a common market D: an economic union
内容
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1. The European Union is best described as a _______________ . A: free trade area B: customs union C: common market D: economic union
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A common market A: Allows the imposition of common external trade barriers against non-members B: Represents less economic integration than a free trade area C: Does not permit free movement of goods among member nations D: Dose not allow free movement of factors of production among nations
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Suppose that steel from Japan faces a 20 percent traiff in France and a 25 Percent traiff in Italy. while France and Italy maintain free trade between each other. France and Italy are therefore part of a (an): A: Free trade area B: Customs union C: Common market D: Economic union
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The free Trade Agreement (FTA) came into effect in
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[14] China is a member of the following free trade zones?（ ） A: TPP B: CJK FTA C: CAFTA D: RCEP