[Solved] A trade-creating customs union is one where:

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Q.	A trade-creating customs union is one where:
A.	lower-cost imports from outside the customs union are replaced by higher-cost imports from a union member
B.	some domestic production in a member nation is replaced by lower-cost imports from another member nation
C.	trade among members increases but trade with nonmembers decreases
D.	trade among members decreases while trade with nonmembers increases
Answer» D. trade among members decreases while trade with nonmembers increases

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