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The concept of “trade creation” is associated with: a) The formation of customs unions and free trade areas b) The reduction of tariffs leading to higher prices domestically c) The negative effects of protectionism d) The imposition of quotas
The concept of “trade creation” is associated with: The formation of customs unions and free trade areas.
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Asked 43 days ago|9/26/2025 5:02:15 AM
Updated 43 days ago|9/26/2025 5:24:10 AM
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The concept of “trade creation” is associated with: The formation of customs unions and free trade areas.
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Added 43 days ago|9/26/2025 5:23:33 AM
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The concept of “trade creation” is associated with: The formation of customs unions and free trade areas.
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The concept of “trade creation” is associated with the formation of customs unions and free trade areas.
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The concept of “trade creation” is associated with the formation of customs unions and free trade areas.
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Added 43 days ago|9/26/2025 5:23:54 AM
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The concept of “trade creation” is associated with: The formation of customs unions and free trade areas.

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The concept of "trade creation" is associated with: The formation of customs unions and free trade areas.
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Added 43 days ago|9/26/2025 5:23:39 AM
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Confirmed by MrG [9/26/2025 5:23:48 AM]
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Which of the following best describes comparative advantage? a) When a country can produce all goods more efficiently than others b) When a country specializes in producing goods for which it has the lowest opportunity cost c) When a country imposes tariffs on imports d) When countries produce identical products
Weegy: Comparative advantage is best described as when a country specializes in producing goods for which it has the lowest opportunity cost. (More)
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Asked 43 days ago|9/26/2025 4:40:48 AM
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Which organization primarily promotes free trade agreements globally? a) World Bank b) World Trade Organization (WTO) c) International Monetary Fund (IMF) d) United Nations
Weegy: Globally is defined as something being throughout the world. (More)
Question
Updated 43 days ago|9/26/2025 5:05:23 AM
1 Answer/Comment
The World Trade Organization (WTO) primarily promotes free trade agreements globally.
Added 43 days ago|9/26/2025 5:05:23 AM
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Which institution acts as a lender of last resort in the global financial system? a) Federal Reserve b) International Monetary Fund (IMF) c) World Bank d) Bank for International Settlements (BIS)
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Question
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Updated 43 days ago|9/26/2025 5:06:50 AM
4 Answers/Comments
The institution that acts as a lender of last resort in the global financial system is the Bank for International Settlements (BIS).
Added 43 days ago|9/26/2025 5:06:12 AM
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The institution that acts as a lender of last resort in the global financial system is the Bank for International Settlements (BIS).
Added 43 days ago|9/26/2025 5:06:36 AM
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International Monetary Fund (IMF): acts as a lender of last resort in the global financial system.

Added 43 days ago|9/26/2025 5:06:45 AM
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Institution acts as a lender of last resort in the global financial system: Federal Reserve.

Added 43 days ago|9/26/2025 5:06:50 AM
The efficient market hypothesis suggests that: a) All information is always reflected in asset prices b) Markets are predictable and can be easily exploited c) Prices are driven solely by speculation d) Markets are always inefficient
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Updated 43 days ago|9/26/2025 5:03:55 AM
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The efficient market hypothesis suggests that: All information is always reflected in asset prices.
Added 43 days ago|9/26/2025 5:03:38 AM
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The efficient market hypothesis suggests that all information is always reflected in asset prices.
Added 43 days ago|9/26/2025 5:03:40 AM
This answer has been confirmed as correct and helpful.
The efficient market hypothesis suggests that: All information is always reflected in asset prices.
Added 43 days ago|9/26/2025 5:03:43 AM
This answer has been confirmed as correct and helpful.
The efficient market hypothesis suggests that: All information is always reflected in asset prices.
Added 43 days ago|9/26/2025 5:03:55 AM
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Confirmed by yumdrea [9/26/2025 5:07:24 AM]
The term “foreign exchange market” refers to: a) The market where countries trade goods b) The market where currencies are bought and sold c) The stock market in foreign countries d) The market for international bonds
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Updated 43 days ago|9/26/2025 5:06:10 AM
3 Answers/Comments
The foreign exchange market is where currencies are bought and sold.
Added 43 days ago|9/26/2025 5:05:28 AM
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The term “foreign exchange market” refers to: The market where currencies are bought and sold.


Added 43 days ago|9/26/2025 5:06:00 AM
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The foreign exchange market is where currencies are bought and sold.
Added 43 days ago|9/26/2025 5:06:10 AM
This answer has been confirmed as correct and helpful.
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