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Whenever countries set up a Free Trade Area, they abolish all restrictions on trade among themselves and
They establish a common external tariff on imports from outside countries
They abolish all restrictions on imports from outside countries
They abolish all restrictions on imports from other Free Trade Areas
Each country maintains its own set of tariffs and quotas on imports from outside countries
Whenever countries set up a Free Trade Area, they abolish all restrictions on trade among themselves and they establish a common external tariff on imports from outside countries.
By: Udit Singla ProfileResourcesReport error
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