Business, 30.03.2021 15:50 willveloz4
Regional economic integration is an agreement among countries in a geographic area to reduce tariff and nontariff barriers to the free flow of goods, services, and factors of production between each other. There are costs and benefits associated with regional economic integration. According to economists, the amount of benefits versus costs can be measured by whether the integration leads to trade creation versus trade diversion.
Match the followings.
a. Trade creation
b. trade diversion
1. Solar panels
2. Computer Chips
3. Cocoa
4. Sugar
5. Textiles
Answers: 1
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Business, 22.06.2019 07:40
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Business, 22.06.2019 13:30
What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?
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Business, 22.06.2019 13:40
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
Answers: 2
Regional economic integration is an agreement among countries in a geographic area to reduce tariff...
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