Question

Problems of forming custom unions in asian regions economic discussion

Answer 1

${\huge {\mathfrak {Answer :-}}}$

➡️ A customs union results in the abolition of tariffs among the member nations while at the same time having a common tariff against the rest of the world.

➡️ The formation of a customs union involves certain problems. Unless a satisfactory and agreed mechanism is evolved to overcome these problems, it cannot work in an efficient manner.

That's it..

Answer 2

Answer:

The custom union is in abolishing the problem of forming the Asian region