In the following table, indicate whether each statement about regional trade agreements is true or false.

Under regional trade agreements, several countries eliminate tariffs among themselves and lower tariffs against all other countries.

Under GATT, countries can enter into regional trade agreements if they do not jointly increase their tariffs against outside countries.

The countries in the European Union (EU) keep their own tariffs with the countries outside the EU.

Products can be shipped duty-free between Canada and Mexico only if most of their production occurred within North America.

Countries that enter into a free trade area agreement maintain a common schedule of tariffs with countries outside the agreement.

The countries within a customs union keep their own tariffs with the countries outside the union.