AGB 302 Week 5 HW Questions with 100- Correct Answers 2025.

AGB 302 Week 5 HW Questions with 100%
Correct Answers 2025




The movement toward regional economic integration has been most successful in ____. - Correct
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Answer - Europe
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A(n) ____ has no barriers to trade between member countries, includes a common external trade policy,
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and allows factors of production to move freely between members. - Correct Answer - common market
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A(n) ___ entails even closer economic integration and cooperation than a common market. - Correct
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Answer - economic union
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Linking neighboring countries economically and making them interdependent: - Correct Answer - creates
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incentives to increase political cooperation as well.
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The ____ is primarily a consultative rather than legislative body. - Correct Answer - European
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Parliament
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Three long-term EU members, Great Britain, ________, and Sweden, have not adopted the euro. -
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Correct Answer - Denmark
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The ____ was established to increase multinational cooperation in view of the economic rise of the Pacific
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nations and the growing interdependence within a region. - Correct Answer - Asia-Pacific Economic
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Cooperation
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The emerging role of the ________ in competition policy suggests the EU is increasingly willing and able
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to intervene and impose conditions on companies proposing mergers and acquisitions. - Correct Answer
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- European Commission
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Country X and Country Y reach an agreement to boost bilateral trade. They agree to remove all barriers to
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the trade of goods and services. They, however, are free to determine their own trade policies with regard
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to nonmembers. Which level of economic integration is this an example of? - Correct Answer - A free
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trade area
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Which feature of a common market differentiates it from a customs union? - Correct Answer - Ability of
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factors of production to move freely between members
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Assuming the 30-day forward exchange rate were $1 = ×130 and the spot exchange rate were $1 = ×120,
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the dollar is selling at a ___ on the 30-day forward market. - Correct Answer - premium
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Which of the following refers to the simultaneous purchase and sale of a given amount of foreign
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exchange for two different value dates? - Correct Answer - Currency swap
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____ are exchange rates governing some specific future date foreign exchange transactions. - Correct
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Answer - Forward exchange rates
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