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Assume that the formation of a customs union turns out to in

Paper help Economics Assume that the formation of a customs union turns out to in

Economics

Assume that the formation of a customs union turns out to in

Assume that the formation of a customs union turns out to include the lowest-cost world producer of… Show more Assume that the formation of a customs union turns out to include the lowest-cost world producer of the product in question. Which effect could not occur for the participating countries? Trade creation-production effect Scale economies and competition Trade diversion Trade creation-consumption effect • Show less

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