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Author Question: Trade shifting to countries within a regional trade agreement at the expense of trade with countries ... (Read 133 times)

crazycityslicker

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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


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Sweetkitty24130

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crazycityslicker

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


ghepp

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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