1.Common Markets are characterized by Free movement of Capital, common currency
ID: 1134421 • Letter: 1
Question
1.Common Markets are characterized by
Free movement of Capital, common currency and a Central bank
Trade agreements, preferential trade and favored nation status
Common Monetary policy and common currency
Free Trade, Common Tariffs, free movement of labor
2.
While Nation States are still a key Geopolitical building block. International geopolitics is slowly being driven by
The diffusion of power to the masses
The threat of nuclear war
Intergovernmental bodies, NGO’s. Globalization of Trade, and Multinational Corporations
The United Nations
3. Some Systemic tools used in the International Community under the guidance of International law include
Espionage, tariffs, misinformation, arms sales
Diplomacy, Sanctions, Treaties and Trade
Bribes, weapon sales, coercion and threats
War, Trade embargoes, computer hacking
a.Free movement of Capital, common currency and a Central bank
b.Trade agreements, preferential trade and favored nation status
c.Common Monetary policy and common currency
d.Free Trade, Common Tariffs, free movement of labor
2.
While Nation States are still a key Geopolitical building block. International geopolitics is slowly being driven by
a.The diffusion of power to the masses
b.The threat of nuclear war
c.Intergovernmental bodies, NGO’s. Globalization of Trade, and Multinational Corporations
d.The United Nations
3. Some Systemic tools used in the International Community under the guidance of International law include
a.Espionage, tariffs, misinformation, arms sales
b.Diplomacy, Sanctions, Treaties and Trade
c.Bribes, weapon sales, coercion and threats
d.War, Trade embargoes, computer hacking
Explanation / Answer
1. Common markets refer to a regional integration when a firm's freedom to transfer funds to subsidiaries within the bloc. It has a common external tariff and may allow for labor mobility and common economic policies among participating nations. Hence, it is characterized by trade agreements, preferential trade, and favored nation status.
the correct option is (b)
2. International Geopolitics is driven by inter governmental bodies, NGO'S, Globalization of trade and Multinational Corporations.
the correct option is (c)
3. Some systemic tools used in the Inter ational community under the guidance of International law includes Diplomacy, sanctions, treaties and trade.
the correct option is (b)
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.