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Blackboard This body is called the world court and is the section of the United

ID: 1153635 • Letter: B

Question

Blackboard This body is called the world court and is the section of the United Nations that renders legal decisions involving disputes between O a General Assembly ob. Security Council OC International Court of Justice od None of the above QUESTION 37 When taiffi are abolished among member nations but each nation maintains its own external tarifs to nonmember countris on imports, this is known a a. Free Trade Area O b. Tarfis C Duties od. Quotas QUESTION 38 Hard currencles are what is known as convertible currencles (readily convertible in the market) True False Save All Answers

Explanation / Answer

a) international court of Justice is an organ of the UN which help solve the dispute between the nations in the world.

The answer is "C".

b) "A" A free trade area reduces the tariff for the member country but maintain it for the other non-member countries.

c) "True"

hard currency is easily convertible in the world market.