Indian and Global Economic Development MCQ: _______________ occurs when trade shifts to countries in the group at the expense of trade with countries not in the group, even though the nonmember country might be more efficient in the absence of trade barriers.

← All Indian and Global Economic Development questions

_______________ occurs when trade shifts to countries in the group at the expense of trade with countries not in the group, even though the nonmember country might be more efficient in the absence of trade barriers.

Correct Answer: Trade diversion

Make the most of this question

This page focuses on one Indian and Global Economic Development question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

← More Indian and Global Economic Development MCQs All Faculty topics Mock test hub