The form of economic integration where countries remove all barriers to trade among themselves and implement a common trade policy towards non-members is called:

(a) A free trade area
(b) A customs union
(c) A common market
(d) An economic union
(e) A political union


(b) A customs union

Business

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In a special order decision, unavoidable current fixed costs are taken into consideration in setting a sales price

Indicate whether the statement is true or false

Business

In intra-organizational communication, an example of horizontal communication might be when __________.

a. A subordinate communicates with his manager about a certain strategy b. One department communicates with another department about a decision c. A manager instructing a subordinate on how to do a particular job d. A department communicates with another department from another organizations, say a government agency

Business

Jill Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 0.88.  Stock  Investment  Beta A  $50,000  0.50 B  $50,000  0.80 C  $50,000  1.00 D  $50,000  1.20 Total  $200,000     If Jill replaces Stock A with another stock, E, which has a beta of 1.45, what will the portfolio's new beta be? Do not round your intermediate calculations.

A. 1.39 B. 1.28 C. 0.83 D. 1.22 E. 1.11

Business

Information Security Inc pays income and other taxes collected by the Internal Revenue Service (IRS). Like other federal administrative agencies, the IRS was created by?

A) Congress, through enabling legislation B) the courts, through the adjudicatory process. C) the U.S. Constitution, in Article I, Section 8. D) the president, through an executive order.

Business