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 131 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?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Temperature and Color Temperature and Color
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
question asked question asked
More and Less Developed Countries More and Less Developed Countries
economic question economic question
The X-linked genetic model of Morgan’s eye-color inheritance The X-linked genetic model of Morgan’s eye-color inheritance
Video: Introduction to Human Immunodeficiency Virus (HIV)

For a complete list of videos, visit our video library