A Customs Union Is

question 32

Multiple Choice

A customs union is:

• A) a group of customs laws intended to reduce tariffs and stimulate trade.
• B) a free trade area with a common external tariff.
• C) a free trade area with no tariffs between the member nations.
• D) a union of nations that promotes lower tariffs for international trade.
• E) none of the above.

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Definitions:

Motivator of Behaviour

Any stimulus that drives an individual to engage in a particular behavior, often aimed at achieving a specific outcome or reward.

Progression Principle

In fitness and training, the idea that the intensity and duration of exercise should increase gradually over time for optimal improvement.

Need for Power

An individual's desire to influence, control, or have authority over others.

Social Power

The ability of an individual or group to influence or control others within a social or organizational context.