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Question
The United Nations estimated that trade barriers alone cost developing countries ________ in lost trading opportunities with developed countries every year.
A) $100 billion
B) $200 billion
C) less than $100 billion
D) more than $500 billion
Answer
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Related questions
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Which of the following is true with regard to protectionism?
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Which of the following refers to an often-used form of nontariff trade barrier?
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What is a foreign trade zone (FTZ)? In a short essay, explain how FTZs are utilized by firms.
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Briefly describe the five levels of economic integration.
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Members of ________ agree to adopt common tariffs and non-tariff barriers that are applied to imports from nonmember countries.
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Which of the following was the first major effort to systematically reduce trade barriers worldwide?
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Which of the following Asian countries had launched an ambitious program of industrialization and export-led development that contributed to its rise from poverty in the 1940s to one of the world's wealthiest countries by the 1980s?
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