Of the Following, Which Is NOT a Benefit of Regional

question 39

Multiple Choice

Of the following, which is NOT a benefit of regional integration?

• A) Creating a larger pool of consumers with growing incomes and similar culture, tastes, and social values
• B) Encouraging economies of scale in production
• C) Reducing the power of the national government
• D) Increasing cooperation, peace, and security among nations in the region
• E) Encouraging member states the enhance their level of social welfare

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Definitions:

Cost of Goods Sold

The immediate expenses linked to the creation of a company's sold products, encompassing both the costs of materials and labor.

Net Sales

Total revenue from sales of goods or services, less returns, allowances for damaged goods, and discounts.

Operating Expense

Expenses incurred during normal business operations, such as rent, utilities, and payroll, excluding costs associated with the production of goods sold.

Administrative Expenses

Expenses related to the general operation of a business, such as salaries of non-sales personnel, office supplies, and rent.