A-LevelEconomicsInternational economic issues9708/12 · May/June 2013 · Q211 Mark

What is a characteristic of a customs union but is not of a free trade area?

Aabolition of import quotas

Babolition of tariffs between member countries

Ccommon currency

Dcommon external tariff

✓ Correct answer

D: common external tariff

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2013 Paper 1 Variant 2, question 21.

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