When the Formation of a Free Trade Area Results in the Reduction

question 104

Multiple Choice

When the formation of a free trade area results in the reduction of trade with nonmember nations in favor of member countries, _____________ occurs.

• A) trade devaluation
• B) trade revaluation
• C) trade creation
• D) trade diversion

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Definitions:

Macronutrient

A type of nutrient required in large amounts in the diet, including carbohydrates, proteins, and fats.

Calories

Units of energy in food, with the human body requiring a certain number of calories for basic functions and additional activities.

Protein

Essential nutrients that are vital for building, maintaining, and repairing tissues, cells, and organs throughout the body.

Whole-Grain

Refers to grains that have all of their parts intact: the bran, germ, and endosperm, providing more nutrients and fiber.