When Countries Create a Free Trade Area and Increase Market

question 89

Multiple Choice

When countries create a free trade area and increase market size, there will be

• A)less product variety and a less competitive market.
• B)more product variety and a less competitive market.
• C)less product variety, which is another part of the gain from trade.
• D)more product variety, which is another part of the gain from trade.
• E)less product variety but a better quality of products.

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Definitions:

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An American philosopher, sociologist, and psychologist, known for his work on the development of the self and his concept of the social self.

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