Trade Blocs Such as the EU Usually Have

question 43

Multiple Choice

Trade blocs such as the EU usually have:

• A) a common external tariff to treat developing countries' exports equitably.
• B) a common external quota to treat developing countries' exports equitably.
• C) a combination of common external quotas and tariffs to treat developing countries' exports equitably.
• D) a high level of cross-border competition.

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