To be able to enforce the rules of a free-trade area, goods from outside the region imported into the lowest-tariff nation cannot be shipped ________ into another nation in the area.

a. with no transportation costs
b. without a labor certificate
c. with no customs inspection
d. duty free

Ans: d. duty free

Economics

You might also like to view...

Public choice theory emphasizes the role of self-interest in public decision-making.

Answer the following statement true (T) or false (F)

View
Economics

When aggregate expenditure is given as Y = 200 + 0.5Y, short-run equilibrium output equals:

A. 400. B. 800. C. 600. D. 1,200.

View
Economics