Answer: A customs union requires all members to have a common external trade policy with non-union members.
Explanation: The feature that differentiates a customs union from a free trade area is that a customs union requires all members to have a common external trade policy toward non members. Free trade areas are permitted to negotiate different tariffs with different countries, contrary to the operation of customs unions.
Answer: $12700
Explanation:
Standard deduction refers to the portion of income that's not being subjected to tax which can be used in the reduction of the tax bill. It should be noted that the amount of one's standard deduction will be based on the age, filing status, age, as well as some other criteria.
For taxpayers who don’t itemize, it should be noted that the 2017 standard deduction depends on the filing status and this include:
Single = $6,350
Married Filing Jointly = $12,700
Married Filing Separately = $6,350
Head of Household = $9,350
Qualifying Widow(er) = $12,700
Answer: C voting with your wallet
Explanation:
It means to show what one likes and dislikes by choosing where to shop and what to buy.
If our customers don't like our products, they will vote with their wallets and not buy them.
Answer: participant observation, interviews and surveys. All of these ethnographic methods can be very valuable in gaining a deeper understanding of a design problem.
Explanation:
An 'easy money policy is a monetary policy that increases the money supply usually by lowering interest rates. It occurs when a country's central bank decides to allow new cash flows into the banking system.