This topic contains a solution. Click here to go to the answer

Author Question: The current account includes A) the value of trade in merchandise. B) services. C) unilateral ... (Read 110 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
The current account includes
 
  A) the value of trade in merchandise.
  B) services.
  C) unilateral transfers.
  D) All of the above.

Question 2

Describe the history and consequent deepening as the European Union developed.
 
  Which treaties created which level of economic integration? Do countries have the ability to participate in some levels of integration and not others? Give specific examples.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pikon

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

D

Answer to Question 2

The Treaty of Rome created the basics for a free trade area as well as a political infrastructure for noneconomic integration.
The Single European Act created a common market among the participants and dealt with an outstanding customs union issues.
The Treaty on European Union (or Maastricht Treaty) brought the participating countries into economic union.
Some countries (such as Norway and Switzerland) participate in the common market but are not members of the EU. Only 12 countries currently participate in the treaty on European Union. For example, the UK, Denmark, and Sweden will never be required to use the euro.





 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

For a complete list of videos, visit our video library