What happens to the trade creation and diversion effects


Problem

The European Economic Community was widely viewed as predominantly trade creating rather than diverting, except in the area of agriculture. What aspects of the European economies led to that conclusion? What happens to the trade creation and diversion effects of the EEC as more members, such as Poland and Hungary, are added?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What happens to the trade creation and diversion effects
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