A ________ Is an Agreement Between Two or More Countries

question 4

Multiple Choice

A ________ is an agreement between two or more countries to reduce or eliminate customs duties and nontariff trade barriers among partner countries while members maintain individual tariff schedules for external countries.

• A) restricted trade area
• B) noncooperation agreement
• C) regional cooperation for development
• D) tariff pact
• E) free trade area

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Definitions:

Master Status

Some characteristic of a person that overrides all other features of the person’s identity.

Having a Disability

refers to the condition of having physical, mental, or emotional impairments that substantially limit one or more major life activities.

Postindustrial Societies

Societies characterized by an economy where the service sector produces more wealth than the industrial sector, reflecting a shift away from manufacturing-based economies.

Information Based

Pertaining to systems or processes that primarily depend on the processing, storage, and dissemination of data and information.