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kondor19780726 [428]
3 years ago
9

If the United States and Canada abolish all tariffs on each other's goods and implement a common tariff on goods imported from o

ther countries, there occurs a (an) a. free trade area. b. customs union. c. economic union. d. common market
Business
2 answers:
Vadim26 [7]3 years ago
8 0

Answer:

The correct answer is letter "B": customs union.

Explanation:

Customs unions are agreements between countries to trade at the same tariffs rates imposing levies at the same level for other countries. Customs unions are the combination of free-trade zones adding a common tariff system. This form of integration system borns as a result of the need for tearing down economic barriers that block commerce for elementary goods between nations.

Lorico [155]3 years ago
7 0

Answer:

b. customs union

Explanation:

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The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from $2.05 to $1.65. What is the
Iteru [2.4K]

Answer:

-1.33

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good X to changes in price of good Y.

Cross price elasticity of demand = percentage change in quantity demanded of good X / percentage change in price of good Y

Percentage change in quantity demanded = (1700 / 1350) - 1 = 0.2593 = 25.93%

Percentage change in price = (1.65 / 2.05) - 1 = -0.1951 = -19.51%

25.93% / -19.51% = -1.33

I hope my answer helps you

8 0
4 years ago
​the key to being a good follower is to think for oneself and to work well without close supervision. this is referred to as ___
swat32
The answer is, "this is referred to as self-management".


There are four essential Qualities of Effective Followers, which includes;
Self-management
Commitment
Competence and focus
Courage
Self management is considered as the key to being a good follower. <span>Effective group members can see themselves as they are as capable as their leaders.</span>
4 0
3 years ago
Home Corporation will open a new store on January 1. Based on experience from its other retail outlets, Home Corporation is maki
andriy [413]

Answer:

$97,000

Explanation:

The computation of the total cash receipts for the month of April is shown below:

= Cash sales in April + (Credit sales in February × following second month percentage) + (Credit sales in March x following month percentage)

= $40,000 + ($50,000 x 30%) + ($60,000 x 70%)

= $40,000 + $15,000 + $42,000

= $97,000

We simply added the cash sales for one month and the credit sales for two months so that the total cash receipts could come

3 0
4 years ago
Last year, Dr. Lopez quit his $100,000 job at the MegaMall Dental Clinic and opened his own dental practice. His revenue for the
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Answer: D) All of the above are correct.

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= Revenue - expenses

= 400,000 - 80,000 - 60,000 - 25,000 - 150,000 - 10,000

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= -$25,000

4 0
3 years ago
__________ involves working with and through people to accomplish organization goals.
Natalija [7]
Organizing is a Management Function that <span>involves working with and through people to accomplish organization goals.</span>
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4 years ago
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