What Is the Main Difference for Members of the World

question 46

Multiple Choice

What is the main difference for members of the World Trade Organization (WTO) who also are members of a free trade area (FTA) ?

• A)WTO members are provided lower tariffs than members of the FTA
• B)There are no nontariff barriers for WTO members, but there may be some for FTA members
• C)Within a free trade area, there are no tariffs at all, but there are some tariffs for WTO members
• D)Barriers may be low for FTA members, but they are even lower for WTO members

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