题目内容

The gains from having an optimum currency include

A. Price differentiation
B. Lower competition
C. Lower transaction costs
D. Both b and c

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Luxembourg is a member of:

A. a free trade area
B. a monerary union
C. Benelux
D. Both a and c

The European Union protects its agricultural producers from import competition by the use of tariff rates that vary directly with world prices.

A. 对
B. 错

Trade creation tends to more than offset trade diversion for a home country forming a customs union with partner countries wfen: (1) the tariff rate in the home country is high prior to the formation of the customs union; (2) there are a large number of countries forming the customs union.

A. 对
B. 错

If Chile and Mexico form a free-trade agreement, the welfare of the two countries will necessarily increase.

A. 对
B. 错

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