Oftentimes it is "removing barriers to trade" that motivates countries to join regional trade blocs, since members of such "blocks" have completely free trade with one another.
Mercantilism is a national economic policy that is designed to maximize the exports of a nation. Mercantilism was dominant in modernized parts of Europe from the 16th to the 18th centuries before falling into decline. So a mercantile country is strengthened by a strong economy and having a more exports than imports.
Hope this helps! :)
Someone like this should consider career or technical education.
please mark me brainliest
1. The rulers who came to power after Charlemagne failed to defend the empire.
2. Europe was threatened by Muslims, Magyars, and Vikings in the 9th and 10th centuries.
A deductible is a sum of loss from which the insurance policy expressly excludes coverage.
What do you mean by insurance contract?
In a legal document called as an insurance contract, the agreement between an insurance provider and the insured is laid out. Every insurance transaction is centered around the insuring agreement, which specifies the risks covered, the policy's limits, and the length of the policy.
What type of contract is an insurance policy?
One party only makes an enforceable guarantee in a unilateral contract, which is referred to as such. When it comes to making a legally binding commitment to pay covered claims, the insurer alone establishes unilateral contracts that make up the majority of insurance policies.
Learn more about insurance contract: brainly.com/question/14526380
#SPJ4
