Some economists have pointed out that the benefits of regional integration are determined by the extent of trade diversion, as opposed to trade creation
Indicate whether the statement is true or false.
FALSE
Some economists have expressed concern that the benefits of regional integration have been oversold, while the costs have often been ignored. They point out that the benefits of regional integration are determined by the extent of trade creation, as opposed to trade diversion.
Business
You might also like to view...
What are organizations that are in the business of benefiting society and operate like a business called?
(A) Limited partnerships (B) Trade associations (C) Nonprofit organizations (D) Producer cooperatives
Business
In the international razor blade market, Gillette was considered
A) to have no advantage in market timing. B) a first-mover. C) the lowest cost provider. D) a late mover.
Business