Answer:EUROPEAN UNION - established a common market and a common currency
ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES-sets oil production and prices for member nations
BORTH AMERICAN FREE TRADE AGREEMENT -encourages exchange of goods and services among member nations
WORLD TRADE ORGANIZATIONS- promote commerce and resolves commerce-related disputes
Explanation:
The Federal Government receives finding from taxes coming out of salaries, which is called income tax. In the US especially, taxes contribute to the funding of Medicaid and social security benefits.
Explanation:
Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. Mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports and so involved increasing trade.
Mercantilism, economic theory and practice common in Europe from the 16th to the 18th century that promoted governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of political absolutism.
