Answer:
1. Benefits Of Regional Economic Integration
2. Enhanced political cooperation. Several nations usually have a much larger political influence as compared to the influence that each individual country would have.
3. Creates trade. Member countries in a regional economic integration agreement have a wider choice of services and goods that were previously unavailable.
<em>4. Employment prospects. </em>
Explanation:
The benefits of regional integration can easily identify. There are economic benefits such as additional trade, improved quality, increased imports and exports, high-quality international relations and an integrated market. Regional integration can enhance the general quality of life for the citizens of those states.
Answer:
Normal goods
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.
I increase my demand for organic fruits and vegetables when my income increased. This shows they are normal goods.
Generic fruits and vegetables are inferior goods.
Inferior goods are goods whose demand falls when income rises and increases when income falls.
I hope my answer helps you
Answer:
The correct answer is letter "D": buyers and sellers having all relevant information.
Explanation:
Perfect Competition is a theoretical market structure in which competition is at the highest possible level. These five (5) elements contain a perfectly competitive market: <em>all firms sell the same product, all firms are price-takers, all firms have relatively small market shares, buyers have complete product and price information, </em>and <em>the industry is characterized by low or no barriers to entry and exit.</em>
Answer:
a. A multinational cooperation
Explanation:
A multinational organization is a company that carries out its business activities in many different countries at the same time.
As such, it is a company that operates in various countries.
Examples of such companies are Google, Microsoft, Shell, Mobil etc.
Since Fadeson, Inc., reported that it owns and operates 265 companies worldwide with 23% of its sales coming from Europe, 18% from Asia, 46% from the U.S., and 13% from other parts of the world, Clearly, Fadeson exemplifies a multinational cooperation.
