Which of the Following Statements in True in Regard to Common

question 30

Multiple Choice

Which of the following statements in true in regard to common markets?

• A) The EU is the only successful common market ever established
• B) Common markets are prevalent in Africa and South America
• C) The popularity of common markets has waned over the years, and there are less than five successful common markets in existence today
• D) The popularity of common markets is on the increase worldwide, and there are now over 20 successful common markets in existence
• E) Common markets are less successful economic engines than customs unions

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Definitions:

Normative Influence

The impact of societal norms and standards on an individual's behavior, often driving conformative actions.

Social Roles

Expected behaviors, duties, and rights associated with each social position, shaping how individuals in those roles are supposed to act.

Mass Psychogenic Illness

A phenomenon where individuals in a group start to exhibit similar physical symptoms or behaviors without an identifiable physical cause, often attributed to psychological or social factors.

Organic Basis

A foundation rooted in biological or physiological processes, often used to explain physical or mental conditions.