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ioda
3 years ago
5

Which feature of a customs union differentiates it from a free trade area?

Business
1 answer:
andriy [413]3 years ago
6 0

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.

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What idea is rooted in the concept of natural law
chubhunter [2.5K]
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--><span>The unwritten body of universal moral principles that underlie the ethical and legal norms by which human conduct is sometimes evaluated and governed. Natural law is often contrasted with positive law, which consists of the written rules and regulations enacted by the government. Philosophers of natural law are known as naturalists.

Naturalists believe natural law principles are part of nature and exist in their own right, independent of human systems. Naturalists believe governments need to involve natural law principles into their systems.</span>
8 0
3 years ago
The aggregate demand curve would shift to the right as a result of A. tax increases. B. a drop in the price level. C. a drop in
UNO [17]

Answer:

. C) a drop in the foreign exchange value of the dollar.

Explanation:

An aggregate demand curve can be regarded as a curve that display total spending that is available

domestic goods/services with respect to their price level. the horizontal axis provide the real GDP while price level is displayed by vertical axis. It should be noted that The aggregate demand curve would shift to the right as a result a drop in the foreign exchange value of the dollar.

6 0
3 years ago
Jane grows apples on land she inherited from her grandmother. She incurs explicit costs of $200 for the trees and $60 for fertil
Leto [7]

Answer:

Economic profit= $24,740

Explanation:

Giving the following information:

Jane grows apples on land she inherited from her grandmother. She incurs explicit costs of $200 for the trees and $60 for fertilizers.  The market price of apples is $36 per box. At this price, Jane produces 1,500 boxes of apple.

Suppose her land is worth $9,000 and her labor is worth

​$20,000.

Sales= 54,000

Fixed costs= 260

Opportunity cost= 29,000

Economic profit= $24,740

4 0
4 years ago
The safest action to take if someone claiming to be from your bank calls you to ask for account information is to?
Arada [10]
Give them your info. Because the only people who claim to be from your bank are from your bank
3 0
3 years ago
Read 2 more answers
Which is NOT something you should look for in a savings account?
Fudgin [204]

Answer:

b) Rewards for using your debit card

Explanation:

If it’s a saving account why would I using my debit?

3 0
2 years ago
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