Which Is Not a Dynamic Benefit from the Formation of a Customs

question 15

Multiple Choice

Which is not a dynamic benefit from the formation of a customs union?

• A)increased competition
• B)economies of scale
• C)stimulus to investment
• D)trade creation

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Definitions:

Exact Interest

A method of calculating interest based on a 365-day year or actual number of days in a loan or investment period, providing a precise interest calculation.

365-Day Year

A conventional method of calculating interest based on a 365-day year, often used in financial calculations.

Estimate Interest

An approximation of the interest amount over a certain period based on a given rate.

Shortcut

A direct route or method that reduces the time or effort to complete a task.