A Group of States That Have Reduced or Eliminated Trade

question 62

Multiple Choice

A group of states that have reduced or eliminated trade barriers among themselves and have established a common external tariff is called ________.

• A) the United Nations System
• B) a free trade area
• C) an economic consultative association
• D) a customs union

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Definitions:

Locus of Control

A psychological concept that refers to how strongly people believe they have control over the situations and experiences that affect their lives.

Introverted

a personality trait characterized by a focus on internal feelings rather than external sources of stimulation.

Extroverted

Describes a personality type characterized by outgoingness, sociability, and a high level of comfort with external interactions.

Constructive Stress

A form of stress that is perceived as manageable and can lead to personal growth and improved performance.