Which of the following forms of economic integration is a...
Which of the following forms of economic integration is a member nation free to impose duty against non-members?
Custom union
Free trade area
Common market
Economic community
Correct answer is A
Custom union is a form of economic integration in which higher tarrifs are levied on non-member states. It is an economic integration.
One of the instruments of protection of infants industries is the ...
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The situation whereby in a fiscal year a government’s revenue receipt are less than its expend...
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A rightward shift in the production possibility frontier may be due to ...
Which of the following is NOT a contribution of agriculture to industrial development? ...