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Author Question: An agreement among a group of countries to eliminate trade barriers among themselves, to present a ... (Read 133 times)

poopoo

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on: Oct 12, 2022

Question 1

An agreement among a group of countries that allows for tariff-free trade among the members but leaves each member free to levy its own tariffs on imports from other countries is called a
◦ common market.
◦ confederation.
◦ free-trade area.
◦ customs union.
◦ reciprocity association.

Question 2

An agreement among a group of countries to eliminate trade barriers among themselves, to present a common trading front to the rest of the world in terms of common tariffs, but which does not permit free movement of factors of production among member countries, is called a
◦ free-trade area.
◦ confederation.
◦ common market.
◦ customs union.
◦ reciprocity association.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by poopoo on Oct 12, 2022

jojomac20

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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poopoo

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

matt95

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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