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What trade barriers does a free trade area remove between members?

A

Common currencies and tariffs on trade between members.

B

Tariffs and quotas on trade between members.

C

Subsidies and regulations on trade between members.

D

Exchange controls and taxes on trade between members.

Card 1 of 23

11.6.2 distinction between a free trade area, a customs union, a monetary union and full economic union Flashcards

  1. Intl A Level
  2. /Economics
  3. /11.6.2 distinction between a free trade area, a customs union, a monetary union and full economic union

23 flashcards on CIE Intl A Level Economics 11.6.2 distinction between a free trade area, a customs union, a monetary union and full economic union: the key terms and definitions you need to recall.

Flashcards