Answer the Question(s)below Based Upon the Following Diagram Which Depicts

question 24

Multiple Choice

Answer the question(s) below based upon the following diagram which depicts country A's market for its importable.

-Refer to the figure above.If A forms a customs union with C,the value of trade diversion will be

• A)$0.
• B)$10,000.
• C)$20,000.
• D)$40,000.

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Definitions:

Packaging

The materials and methods used to wrap or protect goods for sale, storage, or shipment, also playing a role in marketing and customer attraction.

Manufacturing Operation

The procedures and activities involved in producing goods, often involving assembly lines or automation technology.

Lean

A systematic approach to identifying and eliminating waste through continuous improvement, aimed at optimizing operations and enhancing efficiency.