Ec 040 exam - Study guides, Class notes & Summaries
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EC 040 /50 Questions and Answers with complete solution
- Exam (elaborations) • 9 pages • 2023
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Which of the following is not one of the key principles incorporated in the GATT? 
 Intellectual property protection 
 Non-discrimination 
 General prohibition of quotas or quan- titative restrictions on trade. 
 Tariff Bindings - ️️Intellectual property protection 
 
Which type of regional trade agreement has a common external tariff? 
 Free trade area 
 Customs union 
 Monetary union - ️️Customs Union 
 
In which type of RTA are free movement of labor and physical capital allowed? 
 Cu...
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