Discuss the concept of a common market. Explain whether a free trade area would be considered a type of common market.
What will be an ideal response?
Students' answers may vary.
You might also like to view...
What is the primary source of revenue for state governments?
A. taxes on corporations B. taxes on citizens C. federal grants D. service charges or fees
The Open Doors 2016 report by the Institute of International Education states that ______.
a. the most popular countries to study abroad in are Latin American countries because Spanish is a popular language at universities b. the total number of American students studying abroad has doubled over the past two decades c. the majority of study abroad participants stay in their host country for a year of study d. European countries remain the most popular destinations for study abroad, but China and a few other emerging economies rank among the top 25
All of the following describe Nehruvian economic policy in India EXCEPT
a. it met initial goals of making India self sufficient. b. it protected public and private firms. c. it guaranteed a reasonable profit. d. it prevented the spread of a culture of inefficiency and corruption. e. it resulted in India falling behind other developing countries.
When Congress passes a law that obligates states to provide particular services, they are doing which of the following?
a. acting outside of their constitutional role b. engaging in an effort to strengthen the underlying federalism of the system c. simply following the will of the state legislatures d. responding to some citizens’ demands without being held responsible for imposing the costs on others