The Highest Level in the Pyramid of Hierarchy of Preferential

question 31

Multiple Choice

The highest level in the pyramid of hierarchy of Preferential Trade Agreements consists of:

• A)free trade area.
• B)customs union.
• C)common market.
• D)European Union.
• E)economic union.

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Definitions:

External Group Representative

An individual who acts as a liaison or advocate for a group in interactions with external entities or organizations.

Situational Theory

A theory that suggests leadership effectiveness depends on the specific situation, as well as the leader's personal style and the characteristics of the followers.

High Task Behaviors

Actions and activities prioritized by individuals or groups focusing on task completion and goal achievement, often at the expense of personal relationships.

Low Maintenance Behaviors

Actions or habits that require minimal effort to sustain but contribute significantly to positive relationships or environments.