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.Management Sciences
A. customs union
B. free trade area
C. reciprocal trade agreement
D. monetary union
Related Mcqs:
- When several countries jointly impose common external tariffs, eliminate tariffs on each other, and eliminate barriers to the movement of labor and capital among themselves, they have formed a/na ?
- A. free trade area B. customs union C. common market D. economic union...
- Under the Common Agricultural Policy exports of any surplus quantities EU produce are encouraged through the usage of ?
- A. variable levies B. export subsidies C. trigger prices D. countertrade...
- The European Union is an example of a/an ?
- A. customs union B. economic union C. common market D. free trade area...
- Trade creation will more likely outweigh trade diversion for Country X that forms a customs union if the level of tariffs in Country X prior to the customs union is ________ and the total number of countries forming the customs union is _________?
- A. relatively high; relatively large B. relatively high; relatively small C. relatively low ; relatively large D. relatively low ; relatively small...
- Criticisms against the North American Free Trade Agreement include all of the following except ?
- A. wages in the United States will rise relative to Mexican wages B. American jobs will be lost to workers in Mexico C. The environment is not adequately protected by NAFTA D. None of the above...
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