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International trade

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Question 3

Which form of economic integration describes a situation where member countries eliminate tariffs and quotas on trade between themselves, but each member nation maintains independent tariff rates and trade policies against non-member countries?

A

Common market

B

Customs union

C

Free trade area

D

Monetary union

Markscheme

International trade Questions

  1. A Level
  2. /Economics
  3. /International trade

14 exam-style questions on OCR A Level Economics International trade. Each one has a worked solution and a mark scheme showing where the marks go.

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