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 112 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?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

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?

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 percentage of women who have cohabited by the age of 45 for 17 countries shows that the ... The percentage of women who have cohabited by the age of 45 for 17 countries shows that the ...
Probability Question Probability Question
Question About VSEPR Shape Question About VSEPR Shape
economic question economic question
economic question economic question
Age structure for three countries Age structure for three countries
Video: Muscular Dystrophy

For a complete list of videos, visit our video library