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International Marketing Study Set 2
Quiz 4: Regional Economic and Political Integration
Path 4
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Question 81
Short Answer
Estonia, Lithuania, Latvia, the Ukraine, and Turkmenistan use ____________________ as a second language.
Question 82
Short Answer
Countries in East Africa were formerly colonized by ____________________. They share a common second language (French), as well as extensive economic and political ties with the former colonist.
Question 83
Short Answer
In Europe, member countries agreed, at treaty known as the ______________________________, to establish the European Economic Community, eliminating all tariffs, establishing common external tariffs, and allowing for the free movement of capital and labor within its territory.
Question 84
Short Answer
________________________________________ is the primary and most successful example of regional economic integration in Asia.
Question 85
Short Answer
The ___________________________________ is an ambitious plan to create a market of about 800 million people and an annual production worth $11 trillion in the Americas.
Question 86
Short Answer
________________________________________ is a free trade organization that promotes economic cooperation among a coalition of 14 of Africa's more affluent and developed nations.
Question 87
Short Answer
Member countries of a(n) _________________________ agreement eliminate all tariff and non-tariff barriers to trade, adopt common external tariffs, and allow for the free movement of capital and labor within the agreement.
Question 88
Short Answer
A(n) _________________________ is a free trade association that may have either eliminated or greatly reduced all tariffs and other trade restrictions for member countries and that has adopted common external tariffs on products imported from outside the free trade area.
Question 89
Short Answer
A(n) _________________________ agreement takes place between two or more countries and it involves a reduction in, or even elimination of, customs duties and other trade barriers on all goods and service traded between the member countries.