Customs Union
举一反三
- At present, the European Union is __________ . A: a free trade area B: a customs union C: a common market D: an economic union
- 1. The European Union is best described as a _______________ . A: free trade area B: customs union C: common market D: economic union
- 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
- 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