« previous next »

Author Question: A customs union is a free trade association that may have either eliminated or greatly reduced all ... (Read 107 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
A customs union is a free trade association that may have either eliminated or greatly reduced all tariffs and other trade restrictions for member countries and that has adopted
 a. a common currency. c. common external tariffs.
  b. a central bank. d. common monetary policies.

Question 2

The main purpose of discovery-oriented marketing research is to:
 a. decide what to do about a planned change.
  b. find out what is happening and why.
  c. try out a new product in a test market.
  d. describe changes in the internal environment.
  e. capture and evaluate a new idea.


carojassy25

  • Sr. Member
  • ****
  • Posts: 299
Reply #1 on: Jun 29, 2018
Answer to Question 1

C
A customs union is a free trade association that may have either eliminated or greatly reduced all tariffs and other trade restrictions for member countries and that has adopted common external tariffs on products imported from outside of the free trade area. A common currency, a central bank and common monetary policies are elements of a monetary union. This may be found in the Customs Unions section (4-2c).

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

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?

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?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

The burning of fossil fuels has greatly increased atmospheric CO2 levels and temperatures. The burning of fossil fuels has greatly increased atmospheric CO2 levels and temperatures.
Atlantic Slave Trade, 1451–1870 Atlantic Slave Trade, 1451–1870
When Union troops pushed toward Richmond in June of 1862, these slaves crossed the Rappahannock Rive When Union troops pushed toward Richmond in June of 1862, these slaves crossed the Rappahannock Rive
New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f
Greatly enlarged cervical lymph nodes due to Hodgkin’s lymphoma. Greatly enlarged cervical lymph nodes due to Hodgkin’s lymphoma.
Free Energy Rules: The Second Law in Open Systems Free Energy Rules: The Second Law in Open Systems
Video: Appendicitis Animation

For a complete list of videos, visit our video library