Members of ________ agree to adopt common tariffs and non-tariff barriers that are applied to imports from nonmember countries.
A)free trade areas
B)customs unions
C)the NAFTA
D)the EFTA

Question

Quizplus · Accepted Answer

This is the defining characteristic of a customs union, in which member countries establish a common external tariff and other trade barriers against nonmember countries. Free trade areas, such as NAFTA and EFTA, eliminate tariffs and other trade barriers between member countries but maintain independent trade policies towards nonmember countries.

Members of ________ Agree to Adopt Common Tariffs and Non-Tariff