A Formal Arrangement Between Two or More Countries to Reduce

question 74

Multiple Choice

A formal arrangement between two or more countries to reduce or eliminate tariffs is known as a(n) ________.

• A)quota arrangement
• B)free trade agreement
• C)memorandum of association
• D)memorandum of understanding

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Definitions:

Cultures

The customs, social practices, languages, beliefs, and values that distinguish different groups of people and shape their ways of living.

Transition to Parenthood

The period of adjustment that couples or individuals undergo as they assume the roles and responsibilities of being parents.

Marital Problems

Issues or conflicts arising in a marriage that can jeopardize the relationship, often requiring communication or therapy to resolve.

First Baby

Refers to the very first newborn child of a parent or parents.