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LuckyWell [14K]
3 years ago
14

Which feature of a customs union differentiates it from a free trade area? A. Harmonization of members' tax ratesB. A common cur

rencyC. A common external trade policy toward nonmembersD. Ability of factors of production to move freely between members
Business
1 answer:
kolbaska11 [484]3 years ago
8 0

Answer: The correct answer is choice c.

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 a customs unions.

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3 years ago
g A price ceiling that is set below the equilibrium price _____ . Group of answer choices causes suppliers to lose money creates
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6 0
2 years ago
You own $75,000 worth of stocks, and you are worried the price may fall by year end in 6 months. You are considering using eithe
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Answer:

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Refer below.

Explanation:

You own $75,000 worth of stocks, and you are worried the price may fall by year end in 6 months. You are considering using either puts or calls to hedge the position. Given this, the following statements are correct:

I, II, and III

7 0
3 years ago
Read 2 more answers
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