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One Difference Between a Customs Union and a Free Trade

Question 46

Multiple Choice

One difference between a customs union and a free trade area is that the customs union:


A) adds external tariffs to nonmember countries.
B) adds higher taxes to its consumers.
C) refuses to import from nonmember nations.
D) demands that a common currency be used among members.
E) requires that member countries align themselves politically.

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