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Social Science Clinic => Business => Management => Topic started by: crazycityslicker on Jul 7, 2018

Title: Trade shifting to countries within a regional trade agreement at the expense of trade with countries ...
Post by: crazycityslicker on Jul 7, 2018

Trade shifting to countries within a regional trade agreement at the expense of trade with countries not in the agreement is called ________.
 
  A) a dynamic effect
  B) trade creation
  C) trade diversion
  D) economy of scale

Question 2

When the European Union was formed, the size of the market increased for European companies. This is most likely an example of a ________.
 
  A) dynamic effect
  B) static effect
  C) trade diversion
  D) trade reflection

Question 3

________ is law enacted by legislative action.
 
  A) Common law
  B) Civil law
  C) Statutory law
  D) Bureaucratic law

Title: Trade shifting to countries within a regional trade agreement at the expense of trade with countries ...
Post by: Sweetkitty24130 on Jul 7, 2018

Answer to Question 1

C

Answer to Question 2

Thank you soo much

Answer to Question 3

C