Every Type of Economic Union Shares the Development and Enlargement

question 108

Multiple Choice

Every type of economic union shares the development and enlargement of market opportunities as a basic orientation.Which of the following best describes the primary way market opportunities are enlarged by economic unions?

• A)Preferential tariff treatment for participating members or common tariff barriers against outsiders.
• B)A common economic defense force with costs shared by all members.
• C)Formulation of cartels.
• D)Seeking economic dominance through boycotts of rivals.
• E)Movement towards a common language as a means to overcoming economic hurdles.

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Definitions:

Return On Investment

Return on investment (ROI) is a financial metric used to evaluate the efficiency of an investment, calculated as the net profit divided by the cost of the investment.

ROI

Return on Investment is a performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.

Residual Income

The amount of income that an entity has after all personal debts and expenses, including a mortgage, have been paid.

Residual Income

A measure of profitability that calculates the net income an investment or division generates above a specified minimum return.