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.Management Sciences
A. customs union
B. economic union
C. common market
D. free trade area
Related Mcqs:
- The implementation of the European Union has ?
- A. made it harder for Americans of compete against the Germans in the British market B. made it easier for Americans to compete against the Germans in the British market C. made it harder for Americans to compete against the Japanese in the British market D. made it easier for Americans to compete against the … The implementation of the European Union has ?Read More...
- As of 2002, the ________ became the official currency union of the European Monetary System ?
- A. dollar B. mark C. franc D. euro...
- The implementation of a common market involves all of the following except ?
- A. elimination of trade restrictions among member countries B. a common tax system and monetary union C. prohibition to restriction on factor movements D. a common tariff levied in imports from nonmembers...
- Trade diversion takes place when ?
- A. a country moves from autarky to free trade B. a movement to a customs union reduces the costs of trade through standardization economic integration results in a C. economic integration results in a movement in product origin to a lower cost member country D. economic integration results in a shift in product origin from … Trade diversion takes place when ?Read More...
- If A imposes a per unit tariff of $10 on imports from both B and C A will import ?
- A. 400 units from B B. 200 units from C C. 200 units from each D. 400 units from B and 200 units from C...
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