In a customs union, common external tariffs are added to an existing free trade area (FTA), as found in the Southern African Customs Union and Mercosur.

Answer the following statement true (T) or false (F)


True

That is exactly what a customs union is. Mercosur, the Common Market of the South, is actually a customs union at this point, with the goal of becoming a common market.

Business

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Explain how the Technology Acceptance Model can be used as a useful tool in modifying an IT project.

What will be an ideal response?

Business

What is the necessary condition for an accused person to be found guilty by a jury?

A) At least half the jurors have to find the defendant guilty of the crime. B) All the jurors have to unanimously agree that the defendant is guilty of the crime. C) More than 50 percent of the jurors have to find the defendant guilty of the crime. D) The jury's verdict has to be approved by the presiding judge.

Business

In the context of air transport, secondary transportation means ______.

a. transportation that is not as fast as air transport b. transportation to get goods to/from airport c. transportation between airports in a journey that involves multiple transportation points d. transportation to get raw materials (rather than finished goods)

Business

How a product or service will be conceived or designed, how much it should cost, where and how it will be promoted, and how it will get to the consumer are all elements of

A. production management. B. a marketing exchange. C. supply chain logistics. D. delivery of the value proposition. E. a marketing plan.

Business