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You Have Just Graduated and You Want to Start Your

question 59

Essay

You have just graduated and you want to start your own business.You have a degree in horticulture,so you have chosen to open a florist shop and plant nursery.What type of business entity will you choose? Explain its benefits and detriments in detail.


Definitions:

Imported

Pertains to goods or services brought into a country from abroad for sale or use.

EU

The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe, aimed at facilitating free trade, freedom of movement, and common legislation.

NAFTA

The North American Free Trade Agreement, an agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries.

Integration

The process of combining or coordinating separate elements or groups into a unified whole, often seen in businesses and technology systems.

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