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In: Economics

a. Trade agreements i. How does a customs union differ from a free-trade area? Provide an...

a. Trade agreements i. How does a customs union differ from a free-trade area? Provide an example of each. ii. Why do some economists argue in favour of multilateral trade agreements over regional trade agreements? b. What are the likely implications of Brexit after the end of the transition period for international trade between the UK and the EU? Explain.

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