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oksian1 [2.3K]
4 years ago
14

Economic integration is a process of eliminating restrictions on international trade, payments, and factor mobility. Economic in

tegration results in the uniting of two or more national economies in a regional trading arrangement.
A) True
B) False
Business
1 answer:
valina [46]4 years ago
4 0

Answer:

True

Explanation:

Economic integration refers to an agreement between countries to eliminate trade barriers and coordinate their monetary policies. The integration allows to reduce trade costs, more employment opportunities as there is mobility and market expansion. Usually, this is considered a regional trading arrangement as it tends to be between neighboring countries. An example of a economic integration is the European Union. According to  this, the statement is true.

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b. ​rational, self-interested government officials seeking more funding for mass transit through higher taxes should consider
Marysya12 [62]

Higher taxes is very unpopular and may result in losing the future elections.

Higher tax rate means decrease in the real income of the people. This will results in rising of the inflation as higher the tax rate the more will be the cost of production.

There will be many other consequences for the implication of higher tax rates such as people will not like that government anymore because very few people if comfortable in paying more taxes.

It will increase the gap between the rich and poor.

It may be possible that in future people will not prefer this government again for charging higher tax rates.

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6 0
2 years ago
Why do his parents want joey and his girlfriend to wait a few years before starting a family
loris [4]
What are the options but I would assume it depends on how young they are
3 0
4 years ago
Bread, gasoline, and ____ are examples of convenience products.
ella [17]
Bread, gasoline, and newspapers are examples of convenience products.  All of them are goods<span> (consumer item) that are widely available. Consumers purchase this kind of products frequently with minimal effort and with little planning. The convenience products are part of consumers routine. </span>
7 0
4 years ago
a person sold 100 shares of a stock at a loss of 40%. If the selling price of the 100 shares was $3000, which of the following c
mote1985 [20]
So let's set up an equation:
x-.4x=3000
, where x is the original price of the stock (which is what you want to find)
we subtract .4x since the .4x is denoting that 40% of the original price was taken away from the original value (x) which then equals 3000
So,
.6x=3000
x=3000/.6
x=5000
7 0
3 years ago
Read 2 more answers
The CFO needs information on the risks that may cause the firm to incur substantial losses. Which person in the company would be
borishaifa [10]

Answer:

Internal auditor

Explanation:

An internal auditor is a trained professional that has the responsibility of providing concise and precise evaluations on the financial and operational activities of an organization.

The job of an internal auditor involves the following:

1.  review an organization's business processes.

2. evaluation and assessment of risk management procedures that are currently in place in the organization.

3. protect the organization and its finances against fraud and theft of the organization's assets.

From the above stated functions of an internal auditor, it can be seen in the question also that risk information can only be gotten from the internal auditor.

4 0
3 years ago
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