Scenario - The Lynnette Company
The Lynette Company was founded in 1982 by Solomon and Andrea Lynette.It is currently based in Jakarta,Indonesia and plans to remain in the region due to the potential for continued market growth.The company provides modern office equipment to customers throughout Southeast Asia and has watched a steady rise in need for its products.
Last year,Lynette grossed over five million dollars in sales.It anticipates gross sales to more than double this year.The Lynette Company is pleased by the ample supply of workers from the local region available to help the company.The owners realize this area of the world has the potential to become an important global market.
-The regional bloc affecting Lynette
A) has abolished tariffs and quotas among members.
B) uses a common currency among members.
C) allows for the free movement of labor among members.
D) uses a common language for trade among members.
E) has not eliminated nontariff barriers among members.
Correct Answer:
Verified
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