Which of the following eliminates trade barriers to allow the harmonization of economic, social, and regulatory policies?
A) a customs union
B) a common market
C) a free trade area
D) an economic union
D
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At an auction for the first time, Dulcineabids on a one-hundred-year-old Edison-brand phonograph, believing that it is worth more than the price asked. When the item proves to be less valuable, Dulcinea is
a. liable on the bid. b. not liable on the bid because Dulcinea overestimated the value of the auctioned item. c. not liable on the bid because the auctioneer overstated the value of the auctioned item. d. not liable on the bid because this was Dulcinea's first auction.
What is the annualized volatility for the percentage rate change?
What will be an ideal response?
To establish a gift, the party claiming to be the donee must prove: A) delivery only
B) intent only. C) intent and a promise to deliver. D) intent and delivery.
How much will $8,000 grow to in five years, assuming an interest rate of 8% compounded quarterly? (Use appropriate factor(s) from Table 1, FV of $1; Table 2, PV of $1; Table 3, FVA of $1; and Table 4, PVA of $1 contained within a separate file.)
A. $12,013. B. $11,755. C. $11,888. D. $10,989.