Which of the Following Is Not an Example of Dynamic

question 38

Multiple Choice

Which of the following is not an example of dynamic benefits of the formation of customs unions?

• A)increased competition
• B)stimulus to investment
• C)better utilization of economic resources
• D)trade creation and trade diversion

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Definitions:

Increased Revenue

An upward trend in the amount of money generated from the sales of goods or services within a company.

Serious Fines

Substantial monetary penalties imposed as punishment for severe violations of laws or regulations.

ICD-9-PCS

An abbreviation for the International Classification of Diseases, Ninth Revision, Procedure Coding System; a system used in the United States to classify medical procedures.

ICD-10-PCS

An international system for coding medical procedures and services, facilitating the classification and billing of healthcare interventions.