A dynamic welfare gain resulting from the formation of the European Union would be:
A. Trade diversion
B. Trade craetion
C. Diseconomies of scale
D. Economies of scale
查看答案
Which organization was founded in 1957 whose objective was to create an economic union among its members?
A. General Agreements on Tariffs and Trade
B. Organization of Economic Cooperation and Development
C. European Union
D. Latin American Free Trade Association
The common agriculture policy of the European Union has supported European farmers via:
A. Export tariffs and domestic content regulations
B. Variable levies and voluntary export agreements
Content regualtions and export subsides
D. Export subsidies and variable levies
Which nation is not a member of the North American Free Trade Association?
A. Canada
B. Greenland
C. Mexico
D. United States
NAFTA is a:
A. Monetary union
B. Free trade area
Common market
D. Customs union
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