Through the Creation of the European Union,member Countries Now Have

question 92

Multiple Choice

Through the creation of the European Union,member countries now have ________.

• A)more government subsidies
• B)increased nationalistic policies
• C)protected industries
• D)a single market

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Definitions:

Terms Of Sale

The conditions agreed upon by the buyer and seller covering payment, delivery, and the transfer of ownership of goods or services.

Credit

Credit refers to the trust which allows one party to provide resources to another party wherein the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date.

Net 45

A payment term indicating that the full payment is due 45 days after the invoice date.

Order Costs

Expenses related to placing an order for goods or services, including production or acquisition and delivery costs.