A free trade area is:
A) two countries that have a common external tariff

B) a geographic area between two countries where there are no tariffs.
C) a group of two or more countries in which import duties and other trade barriers are reduced or eliminated.
D) a geographic area between two countries where tariffs are reduced, but not necessarily eliminated.


C

Business

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One pointer on how to chair a multiparty negotiation effectively is to encourage people to express interests, mirror them back, and encourage people to identify not only what they want, but also why they want it.

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

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A cost object is anything for which management desires a separate tracking of costs, while a cost driver is the factor that causes the cost object to increase or decrease.

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

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In computing the accounting rate of return, which of the following should be used as the demominator

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