A group of states that have reduced or eliminated trade barriers among themselves but maintain their individual tariffs in dealing with other states is called ________.
A. a customs union
B. a free trade area
C. the United Nations System
D. an economic consultative association
Answer:B
A group of states that have reduced or eliminated trade barriers among themselves but maintain their individual tariffs in dealing with other states is called ________.
A. a customs union B. a free trade area C. the United Nations System D. an economic consultative association