An important distinction between a free trade area and a customs union is that


An important distinction between a free trade area and a customs union is that
A . Only a customs union erects a common external tariff
B . Only a free trade area allows free internal trade in services as well in goods
C . Only a customs union is an example of a multilateral trading agreement
D . Only a free trade area involves common economic policies

Answer: A

Leave a Reply

Your email address will not be published.