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A-LevelEconomicsInternational economic issues9708/12 · Feb/Mar 2019 · Q241 Mark

Two countries trade with one another without any forms of protection. They also impose a common external tariff on the imports from all other countries. What have these two countries formed?

Acustoms union
Bfree trade area
Cmonetary union
Dan economic union

✓ Correct answer

A: customs union

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About this question

Topic
International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Feb/Mar 2019 Paper 1 Variant 2, question 24.

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