Strictly speaking, the impact of the EU on the WTO could be said to be negative, because
A. the WTO does not collect dues from EU member nations.
B. the euro threatens other hard currencies supported by the WTO, such as the dollar and the yen.
C. the favored trade relationships among EU members are not extended to nonmember countries, so the EU undercuts the WTO.
D. a country could belong to only one of these organizations.
Answer: C
You might also like to view...
Theft by employees is referred to as shoplifting by retailers.
Answer the following statement true (T) or false (F)
Which statement about recommendations is least ?accurate?
A) Recommendations and conclusions may be combined. B) Short reports may omit conclusions and move on to recommendations. C) Recommendations should be general. D) Recommendations should focus on solutions to the reader's problem.
You go to a flea market and buy a LCD TV for $100 . One day you receive a notice that the owner of the TV, which had been stolen from her house and sold by the thief at the flea market, wants the set back. She says if you do not return the TV she will sue you for:
a. conversion, and probably win even though you did not know the set was stolen b. fraud, and probably win even though you did not know the set was stolen c. conversion, and probably lose because you did not know the set was stolen d. fraud, and probably lose because you did not know the set was stolen e. theft, and probably lose because you did not know the set was stolen
Suppose that a stock sells at a price of $60 on the expiration date. Compute the payoff to the seller of a put option if the option strike price is $20
A) -$20 B) -$10 C) 0 D) $40