Business, 10.03.2020 05:57 xbeatdroperzx

A customs union differs from a free trade area because it allows for removal of barriers to the trade of goods and services among member countries. adoption of a common external trade policy. mobility of factors of production among member countries. harmonization of tax rates of member countries. adoption of a common monetary and fiscal policy among member countries.

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Answer from: ddmoorehouseov75lc

TRUE

Explanation:

It is true that a customs union differs from a free trade area because it allows for removal of barriers to the trade of goods and services among member countries. adoption of a common external trade policy. mobility of factors of production among member countries. harmonization of tax rates of member countries. adoption of a common monetary and fiscal policy among member countries.

A customs union is an agreement between two or more neighboring countries to remove trade barriers, reduce or abolish customs duty.

A customs union comprises a group of countries that agree to:

Abolish tariffs and quotas between member nations to encourage free movement of goods and services.

In the case of Free Trade Area, what is most likely is a reduction of tariffs but in a Customs union, what is certain is a removal of tariffs

Answer from: camiloriveraveoxbgd6

adoption of a common external trade policy.

Explanation:

The main difference between a customs union and a free trade area, is that a customs union establishes common tariffs for goods that are produced outside the union, while each member country of a free trade area establishes its own tariffs for goods produced outside the area.

For example NAFTA (or USMCA) is a free trade area, while the Mercosur is a customs union in South America.

*The European Union started as a free trade area, then it changed to a customs union, later into a common market, then a economic union, and now it is a political union.

Answer from: Quest

Probably not. unless you are a criminal or a thug. now are you one? if not then the answer should be no

Answer from: Quest

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.

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