Current Affairs · International Treaties & Trade Agreements
The elimination of custom duties under the CETA framework is expected to primarily result in which of the following benefits?
- 1Make imported goods cheaper and more diverse for consumers✓
- 2Create systemic trade deficits for the partner nation
- 3Limit market access for domestic exporters
- 4Increase consumer prices due to higher import costs
Correct answer
Make imported goods cheaper and more diverse for consumers
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