
CW ( GROUP 3)
Quiz by Serapion, Mecaella B.
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a situation where 2 separate market become 1
it differs in integration and therefore their is a degree of efficiency
a state of affair combining 2 separate national economies to a larger economic entity u
shows the relationship of firm in a market
a monetary system where the value of country' money is directly involve in a fixed quantity of gold
Give one example of
it is the global corporation operating in multiple countries and have a wide spread global presence
This diversity allows them to adapt to different market and culture effectively
they manage complex global supply chains optimizing the sourcing of materials, components , and labor from bariousregions to enhance efficiency
what year is the treaty of rome established
what year is the transformation of EU with a unifies market
it is a formation of 27 countries promoting free trade and economic cooperation
this promotes free trade and aimed to reduce tariff ; also helped revuild post-war economy
What are the 2 major institution
it is established in 1994 to stabilize post WW 2
in 1930, this act worsened the great depression