Free trade is one in which
...Free trade is one in which
Each member operates its own barriers against non-members
Factors of production are mobile
Members adopt a common external tariff against non- members
Members adopt common fiscal and economic policies
Correct answer is B
Free trade is a trade policy where goods and services can be bought and sold across international borders with little or no government tariffs, quotas, subsidies.
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The flow labelled Y refers to ...
Economists refer to private goods as ...
The capital market is a market for trading of financial assets such as ...
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Identify one of the following which can NOT be used to close deflationary gap ...