International Business

T he i six i member i c ountries i th a t i have i embraced i a i common i marke t i are i disappointed i with i t he i ou tc ome i of i th eir i economic i integration . i T he y i wan t i some th ing i t ha t i en ta il s i a i closer i economic i in te gration i and i cooperation i t han i a i common i ma rket i and i decide i to i pursue i a i common i c urren cy. i T he y i are i f orming i a(n) A) i command i eco

BUSA | 4995 | International Business | study guides | T he i six i member i c ountri

W i t hin i th e i EU, i it i is i t he i responsibili ty i of i t he i i to i deba te i legislation i and i f orward i it i to i th e i c ouncil . A) i Court i of i Justice i B) i prime i ministers C) i European i Commission i D) i European i Parliament i E) i European i Community A nswe r: i D T he i E uropean i P arliamen t i is i described i as i a(n) i i bod y. i A) i legisla tiv e B) i consultative i C) i t

BUSA | 4995 | International Business | study guides | W i t hin i th e i EU  i it i 

How i man y i trade i blocs i are i in i E urope? i A) i tw o B) i z ero i C) i six i D) i eleven i E) i one A nswe r: i A Which i political i factor i resulted i in i the i establishment i of i the i European i Union i (EU)? i A) i spectacular i success i of i the i North i American i Free i Trade i Agreement i (NAFTA) B) i tra de i impasse i fo llowing i th e i oil i crisi s i in i th e i 1970 s i th a t i occu

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