Trade creation refers to a situation where with trade barriers being
1
removed between members of the regional trading bloc, which enables various products to be purchased at higher prices thereby stimulating intra-regional trade.
2
imposed between members of the regional trading bloc, which enables various products to be purchased at higher prices thereby stimulating intra-regional trade.
3
removed between members of the regional trading bloc, which enables various products to be purchased at lower prices thereby stimulating intra-regional trade.
4
imposed between members of the regional trading bloc, which enables various products to be purchased at lower prices thereby stimulating intra-regional trade.