This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is a free-trade agreement and why do countries enter into them?[br][br][b][color=black]Question ... (Read 87 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Jun 24, 2018
What is a free-trade agreement and why do countries enter into them?

Question 2

What is the difference between a progressive and a regressive tax?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 24, 2018
Answer to Question 1

A free-trade agreement eliminates duties and trade barriers between the countries making the agreement in order to increase trade between them.

Answer to Question 2

A progressive tax follows the ability to pay principle with wealthier persons paying a larger percentage that less wealthy persons. A regressive tax charges the same percentage to all persons regardless of ability to pay.


V@ndy87

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Jun 24, 2018
Thank you :)


mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

DNA replication matching question DNA replication matching question
Four color theorem Four color theorem
this is a math question this is a math question
economic question economic question
economic question economic question
Video: Cataract

For a complete list of videos, visit our video library