Podcast
Questions and Answers
What is a free trade area?
What is a free trade area?
A group of countries that agree to gradually eliminate trade barriers between themselves.
What is the purpose of rule of origin?
What is the purpose of rule of origin?
A rule of origin is the rule to attribute a country of origin to products in order to determine its economic nationality.
Describe the aim of the EU common market.
Describe the aim of the EU common market.
The aim of the EU common market is to enable EU citizens to study, live, shop, work and retire in any EU country and enjoy products from all over Europe.
What is a customs union?
What is a customs union?
What is the significance of the 'rule of origin'?
What is the significance of the 'rule of origin'?
Flashcards
Free Trade Area
Free Trade Area
A group of countries agreeing to eliminate trade barriers among themselves, allowing each country to set its own trade policies with non-members.
Customs Union
Customs Union
A free trade area with a common external policy toward non-members.
Rule of Origin
Rule of Origin
A rule determining the country of origin of a product, essential for implementing trade agreements.
Common Market (Single Market)
Common Market (Single Market)
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Supply-Side Policies
Supply-Side Policies
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Interventionist Supply-Side Policies
Interventionist Supply-Side Policies
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Market-Based Supply-Side Policies
Market-Based Supply-Side Policies
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Monetary Union
Monetary Union
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Tariff
Tariff
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Quota
Quota
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Hidden Protection
Hidden Protection
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Bilateral Trade Agreement
Bilateral Trade Agreement
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Multilateral Trade Agreement
Multilateral Trade Agreement
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Exchange Rate Depreciation
Exchange Rate Depreciation
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