The European Economic Community was set up to ________.

A. establish a single currency throughout its member nations.
B. establish strict trade barriers prohibiting outside trade by its member nations.
C. establish a powerful government to govern all its member nations.
D. establish travel and trade rules throughout its member nations.

Answer: D

Economics

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All of the following are examples of oligopolistic markets except

A) seafood restaurant chains. B) the broadcasting industry. C) college bookstores. D) aircraft manufacture.

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The spread between the interest rates on bonds with default risk and default-free bonds is called the

A) risk premium. B) junk margin. C) bond margin. D) default premium.

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