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 130 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?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Population genetics sample question Population genetics sample question
A physician uses a portable electronic tablet to enter patient data while in the examination room. A physician uses a portable electronic tablet to enter patient data while in the examination room.
Schengen Agreement Schengen Agreement
Foods made with fat substitutes aren’t calorie free Foods made with fat substitutes aren’t calorie free
Economics question Economics question
economic question economic question
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library