a) “For a small country like the Swaziland, a move o free trade would have huge advantages. It would let consumers and producers make their choices based on the real costs of goods, not artificial prices determined by government policy; it would allow escape from the confines of narrow domestic market; it would open new horizons for entrepreurship ,and, most important, it would help to clean up domestic politics.’ ’Separate and identify the arguments for free trade in this statement (write in your words). b) Explain why formation of a customs union may not increase welfare.

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