In recent years many countries have joined or established a free trade area (FTA). Evaluate, with the help of a diagram(s), whether membership of an FTA is always beneficial to a country.

Economics

IGCSE&ALevel

CAIE

Exam No：9708_w24_qp_41. Year：2024 Question No：5

Answer:

11.6.1 meaning of globalisation and its causes and consequences

11.6.3 trade creation and trade diversion

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