Economics (AS & A Level) · May / June 2026 · Paper 34 · Question 30
9708Globalisation
The African Union (AU) consists of 55 countries of Africa, but only 18% of total trade of the AU is between countries in Africa. If the AU decides to co-operate on trade policy, what would make the greatest change to this situation?
- Aestablishing an economic union with common macroeconomic aims
- Bintroducing a monetary union and use a common currency
- Cmaintaining comparative advantage in a free trade zone
- Dsetting up a customs union with a common external tariff
As printed in the paper
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Correct answer: D. setting up a customs union with a common external tariff
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