_____ is said to exist when the formation of a regional trading group leads to the reduction of trade with nonmember countries in favor of member countries.
| A. | trade creation |
| B. | trade diversion |
| C. | trade exclusion |
| D. | trade distortion |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
