A common market, also known as a trade bloc, refers to a group of countries that have a common external tariff, to favor both in different areas, such as social and economic.
<h3 /><h3>Common market definition</h3>
It is necessary that some requirements are satisfied so that there is a common market between countries, which are, the elimination of tariffs on the import and export of goods and services.
There is also the free movement of goods, capital, services and labor between member countries, as well as the common adoption of trade restrictions to countries outside the group. An example of a common market is the European Union.
Therefore, the common market or trading bloc corresponds to a formal agreement between countries generating greater efficiency, economies of scale, increased innovation and the capacity for economic growth.
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Answer: Loan forgiveness repayment plan.
Explanation:
The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.
The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.
The Graduated Repayment Plan: This is a repayment plan option which increases every two years.
The loan forgiveness repayment plan is not a repayment plan option.
Answer:
<u>demographics.</u>
Explanation:
Demographic attributes <u>refer to the particular characteristics common to a particular regional population</u>. In a demographic survey factors such as gender, race, age and income are analyzed.
Demographic data help to understand peculiar characteristics of a given population, through the data it is possible to understand if the individual characteristics of a participant are relevant to configure as a representative sample of the population, in order to assist in the generalization and development of policies and research. Market
Answer:
A) Overcoming
Explanation:
In this production process the fact that operation Y can only process 50 units per hour while the preceding operation (X) can process 55 units per hour will result in a queue and a capacity constraint.
If operation Y's effective capacity is increased to match operation X's, then the constraint has been overcome.
The book value of the company’s assets is the sum of the values
of individual assets entered in the books of the company. The following would
be its book value:
Cash $34,600
Accounts receivable $54,200
Inventory $92,300
Fixed assets $234,500
Accumulated depreciation of fixed assets ($107,900)
Total book value of the assets of the firm $307,700