Trade Deflection Is Most Likely to Occur in Which of the Following

question 32

Multiple Choice

Trade deflection is most likely to occur in which of the following?

• A)Preferential trade agreement
• B)Customs union
• C)Free trade area
• D)Monetary union

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Definitions:

Behavioral

Pertaining to the actions or reactions of a person or animal in response to external or internal stimuli.

Humanistic

A psychological approach that emphasizes individual potential for growth and the importance of human values, freedom, and self-actualization.

Structuralistic

An approach in psychology that analyzes mental structures by breaking down experiences into their smallest definable parts.

Gestalt Psychology

A psychological approach that emphasizes holistic processing and argues that the whole is more than the sum of its parts.