Formal institutions operate through laws and regulations. They require members to make a written commitment.
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Q28: Although the EU can influence the practices
Q29: The UN General Assembly is the main
Q30: The EU is a supranational body that
Q31: Among trading blocs, the EU has the
Q32: Trading blocs always bring cost savings to
Q34: An important assumption that the IMF makes
Q35: An example of an informal, cognitive institution
Q36: The EU has been unsuccessful at harmonizing
Q37: In a customs union, common external tariffs
Q38: ASEAN, whose initial goal was political, to
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