One Potential Outcome from the Formation of a Regional Trade

question 20

Multiple Choice

One potential outcome from the formation of a regional trade agreement is

• A) trade creation
• B) trade diversion
• C) economies of scale
• D) all of the above

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Definitions:

Mexican-American

A term describing Americans of full or partial Mexican descent.

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A condition characterized by excessive body fat accumulation, which poses a risk to health.

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Middle Childhood

A developmental stage that typically includes children from the ages of 6 to 12, characterized by significant cognitive, emotional, and social growth.