European Integratıon Deneme Sınavı Sorusu #1406087

I. The decrease in competition will lead to a search for a higher level of technology.

II. Along with the establishment of the customs union, trade restrictions among the member countries are abolished.

III. Increased foreign direct investments will also help to the adjustment of balance of payments deficits of the member countries, if any.

Which of the above information on the "dynamic effects of the customs union" are correct?


Only I

Only II

I and III

II and III

I, II and III


Yanıt Açıklaması:

Increased competition will lead to some search of higher level of technology. Since producers would like to rise efficiency in order to meet the increased competition, they would demand higher level of technology within their production. So, (I) is not ture.

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