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Author Question: In a free trade agreement, countries are free to charge their own tariffs to all entities external ... (Read 114 times)

JGIBBSON

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on: Jun 29, 2018
In a free trade agreement, countries are free to charge their own tariffs to all entities external to the free trade market.
 
 Indicate whether the statement is true or false

Question 2

Companies operating in countries that are similar to their home country are likely to use similar strategies.
 
 Indicate whether the statement is true or false


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raili21

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Reply #1 on: Jun 29, 2018
Answer to Question 1

T
A free trade agreement takes place between two or more countries and it involves a reduction in, or even elimination of, customs duties and other trade barriers on all goods and services traded between the member countries. Countries are free to charge their own tariffs to all entities external to the free trade market.

Answer to Question 2

T
Companies operating in countries that are similar to their home country are likely to use similar strategies.


JGIBBSON

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

jojobee318

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Reply 3 on: Yesterday
Excellent

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