Essentially, a Free Trade Area (FTA) Provides Its Members With

question 49

Multiple Choice

Essentially, a free trade area (FTA) provides its members with:

• A) complete political integration.
• B) a mass market without trade barriers among partner countries.
• C) a regional cooperation for social development.
• D) a common market that eliminates all external tariffs.
• E) a market that offsets higher nontrade barriers with lower external tariff.

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Definitions:

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