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7 Cards in this Set
- Front
- Back
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Monochronic time is best illustrated by: -University scheduling patterns -A rock concert -high context cultures such as Arab and Asian cultures -All of the above |
University Scheduling Patterns
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What is a Free Trade Area (FTA)? |
An area in which tariffs among members have been eliminated, but members keep their external tariffs.
pg. 53 |
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Name the different types of Economic Integration Agreements. |
1. Free Trade Area 2. Customs Union 3. Common Market 4. Complete Economic Integration
pg. 53 |
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What is a Customs Union? |
It is a collaboration that adds common external tariffs to a FTA
pg. 53 |
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Describe a Common Market? |
A common market is a customs union that includes mobility of services, people, and capital within the union
pg. 53 |
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What is Complete Economic Integration? |
Complete Economic Integration is integration on both economic and political levels.
pg. 53
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What does NAFTA stand for? |
North America Free Trade Agreement |
