Which of the Following Is an Example of a Customs

question 20

Multiple Choice

Which of the following is an example of a customs union?

• A) Mercosur (Eastern South America)
• B) EU (European Union)
• C) RC (Russian Confederation)
• D) Eastern Europe (Romania, Bulgaria)

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Definitions:

Stakeholder Orientation

A business approach that values and considers the interests and well-being of all individuals and entities affected by the company's actions.

Corporate Governance

The framework of rules, practices, and processes by which a company is directed and controlled, focusing on balancing the interests of its stakeholders.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and disclose the results in a transparent manner.

Ethical Misconduct

Behavior by an individual or organization that violates accepted moral standards or principles.