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As a result of a new economic integration agreement between three Latin American countries the total trade expansion effect was estimated as $100 million dollars.
As a result of a new economic integration agreement between three Latin American countries the total trade expansion effect was estimated as $100 million dollars. Economic analysis showed that the value of trade created among member countries amounted to $85 million. What was the value of trade diverted from non-member countries? Question 56 options: 1) $185 million 2) $100 million 3) $50 million 4) $75 million 5) $15 millionTony, a Canadian, had never worked in this foreign country before his current assignment. He had been working in the country now for four weeks and was generally happy and productive. He was effective doing business with his new colleagues but could not get use to how close they came to him when speaking. He felt that his personal space was being invaded. Tony is most likely working in a (n) ________________ country. Question 57 options: 1) North American 2) African 3) Caribbean 4) Arab 5) Western European
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