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Author Question: A customs union is more likely to lead to trade diversion rather than trade creation when the ... (Read 207 times)

DyllonKazuo

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on: May 25, 2020
A customs union is more likely to lead to trade diversion rather than trade creation when the union's external tariff is very ________ and there is ________ between goods produced within and outside the union.
◦ high; no cost difference
◦ high; a substantial cost difference
◦ low; a substantial cost difference
◦ low; no cost difference
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by DyllonKazuo on May 25, 2020

nhea

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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DyllonKazuo

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

scikid

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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