Which of the Following Is a Criticism That Economists Have

question 18

Multiple Choice

Which of the following is a criticism that economists have against regional free trade areas?

• A) Regional trade areas promote trade within the trade area, but they do little to promote trade across the globe.
• B) Regional trade areas have been more successful in promoting worldwide trade than the WTO.
• C) Some countries have abandoned the WTO to join the regional trade areas.
• D) Regional trade areas require that member countries first withdraw membership from the WTO.

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