Economic cooperation often begins with a common market as in the case of the EU.

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


False

Usually economic integration begins with an agreement to have a free trade area, as with NAFTA. A free trade area is the first level of economic integration.

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Which of the following statements is true regarding governments' role in regulating advertising?

A. Japan limits the use of cartoon characters in ads to children. B. Canada bans any advertising targeted directly at children. C. New Zealand limits political ads on TV. D. Switzerland does not allow an actor to represent a consumer in an ad. E. All these answers are correct.

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An asset allocation plan should consider which of the following factors? I. economic outlook II. capital preservation III. changing investment goals IV. investor risk tolerance

A) II only B) II, III and IV only C) I, III and IV only D) I, II, III and IV

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Which one of the following is not one of the standards set forth by the American National Standards Institute/Human Factors and Ergonomics Society regarding office chairs?

A. The chair should allow the user to sit with his/her feet flat on the floor. B. The chair should support the user's back in an upright position. C. The user should be able to hang his or her arms straight down from the shoulders. D. The chair should have arm rests of a sufficient size to accommodate each type of user.

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A basketball player has an 80% chance of making the first free -throw he shoots. If he makes the

first free -throw shot, then he has a 90% chance of making the second free-throw he shoots. If he misses the first free-throw shot, then he only has a 70% chance of making the second free -throw he shoots. Suppose this player has been awarded two free -throw shots. Find the probability that he makes at least one of the two shots. A) 0.80 B) 0.72 C) 0.94 D) 0.86

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