The common agricultural policy of the European Union has:
A. Increased American farm exports to the EU
B. Decreased American farm exports to the EU
C. Lowered the price of American farm exports to the EU
D. Not affected the price of American farm exports to the EU
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The implementation of a common market involves all of the following except:
A. Elimination of trade restrictions among member countries
B. A common tax system and monetary union
C. Prohibition of restrictions on factor movements
D. A common traiff levied in imports from nonmembers
Under the common agricultual policy, exports of any surplus quantities of EU producer are encouraded through the usage of:
A. Variable levies
B. Exoprt subsidies
C. Import quotas
D. Countertrade
In 1989 Canada and the United States agreed to implement a (an) ____ overatenyearperiod.
A. Customs union
B. Common market
C. Free trade area
D. Economic union
In the United States, the proposed North American Free Trade Agreement was generally supported by:
A. Labor unions
B. Electronics firms
C. Environmentalists
D. Citrusproducers
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