Economics Mcqs
Q When imports from a higher-cost supplier within a customs union replace imports from a lower-cost supplier outside the custom union, there exists ?
  • A A. Trade creation
  • B B. Trade diversion
  • C C. Dynamic welfare effects
  • D D. Comprehensive welfare effects
Previous Trade diversion takes place when ?
Next Trade creation takes place when ?
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Word of the Day
24 Jul
Untenable
(especially of a position or view) not able to be maintained or defended against attack or objection.
Ω†Ψ§Ω‚Ψ§Ψ¨Ω„ مدافعΨͺ، غیر Ω…Ψ³ΨͺΨ­Ϊ©Ω…ΨŒ جو Ψ―Ω„ΫŒΩ„ Ψ³Ϋ’ Ψ«Ψ§Ψ¨Ψͺ نہ ہو Ψ³Ϊ©Ϋ’

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