Please give the statements in order to answer the question, thank you.
Answer:
free trade area
Explanation:
There are four main types of economic integration models between countries:
- Free trade area: countries involved remove all trade barriers between them but are free to set trade policies with other countries, e.g. former NAFTA, now USMCA.
- Customs union: trade barriers are eliminated between members and all participating members agree to a common trade policy with non-member countries.
- Common market: similar to customs union but includes free movement of labor and capital.
- Economic union: a customs union that advanced into a political union, e.g. EU.
Answer: shift to the left
Explanation:
When a small electric automobile manufacturer is able to gain the social return generated by its electric motor, then its demand for financial capital will shift to the left.
This means that since the financial capital shift to the left, there will be a reduction in the demand for financial capital.
Answer:
The amount when the companies charge the same is 16 tons. The cost of the two companies when they are the same is $7,308.
Explanation:
A. You could put an equation into a graphing calculator and analyze the tables. (This is the easier option) or...
B. Write the numbers out by hand. You take 3696 and 4500 as starting values and continue adding the fees on each one. You continue this until you have equivalent costs. This takes awhile, but it will get you your answer.
