If Argentina, Chile, and Uruguay decide to eliminate tariffs between themselves, have a common external trade policy,

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If Argentina, Chile, and Uruguay decide to eliminate tariffs between themselves, have a common external trade policy, and allow factors of production to move freely with their borders. Then, the countries have formed

an efficient market.

a full political union.

a customs union.

a common market.

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jan 20, 2024 07:08 AM

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If Argentina, Chile, and Uruguay decide to eliminate tariffs between themselves, have a common external trade policy,

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Microeconomics An Intuitive Approach with Calculus

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