All of the Following Are Reasons Why Economic Integration Has

question 71

Multiple Choice

All of the following are reasons why economic integration has never been easy to achieve or sustain except:

• A)even though it aids the majority,it has its costs.
• B)a nation as a whole may benefit significantly,but certain groups may lose.
• C)there are concerns over loss of national sovereignty.
• D)linking neighboring economies makes them increasingly dependent on each other.

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Definitions:

Promissory Note

A written promise to pay a specified amount of money on demand or at a definite time.

Current Liability

A company's debts or obligations that are due within one year or within the normal operating cycle, whichever is longer.

Operating Cycle

The duration it takes for a company to buy inventory, sell products, and collect cash from sales, showing the efficiency of its operations.

Interest-Bearing Note

A debt instrument that pays interest to the holder, usually at a fixed rate, until the principal is repaid.