What is an arrangement between countries to allow free trade between members called?

a. economic union
b. common market
c. trade forum
d. free trade agreement


d. free trade agreement

Economics

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The demand and the supply for a good are each neither perfectly elastic nor perfectly inelastic. If a sales tax on sellers of the good is imposed, the tax is paid by

A) only buyers. B) only sellers. C) both buyers and sellers. D) neither buyers nor sellers.

Economics

Globalization leads to a homogenizing of markets

Indicate whether the statement is true or false

Economics

"The long run doesn't exist; it's a goal towards which we strive.". Explain this statement

Economics

What is the distinction between foreign direct investment and foreign portfolio investment?

Economics