题目内容
All welfare effects of a regional agreement agreement are static.
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Under the variable levy system of the European Union, EU farms are protected against import competition by tariffs that vary inversely with the world price.
Within a customs union, broader markets may also promote greater competition among producers.
Following World War II, Western European nations suffered from balance-of-payments deficts due to reconstruction.
When Western European democracies removed trade barriers and began to form the European Community, one of their hopes was that their economic and financial ties would bind them togrther so that it would not be in their interest to go to war again.
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