A Customs Union That Results in a Sizable Amount of __________

question 33

Multiple Choice

A customs union that results in a sizable amount of __________ would be beneficial to global welfare.

• A) trade creation
• B) trade diversion
• C) trade restrictions
• D) trade diversification

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Definitions:

Eastern Europe

A region of Europe that includes countries like Poland, Hungary, and Romania, known for its diverse cultures and historical significance.

Sundiata

A legendary prince and the founder of the Mali Empire in West Africa, celebrated as a hero in the epic "Sundiata Keita".

Kingdom of Mali

A powerful and wealthy West African empire during the 13th to 16th centuries, renowned for its cultural achievements and its significant role in the trans-Saharan trade.

Legendary Ruler

A monarch or leader whose life and deeds have become part of legend, often blending historical facts with mythological elements.