A ______ describes a situation in which a third party gains something from a market transaction but does not pay for it.

Political Liberty was articulated by Thomas Jefferson.

a. true b. false

As part of its Common Commercial Policy, the EU is entitled to negotiate bilateral trade partnerships and agreements with countries or regional groups of countries as one single entity. Which of the following is NOT an accurate description of the specificities of this international trade mandate?

a. Fragmentation of foreign policy due to Member States’ lack of consensus weakens EU negotiation power on the international scene. b. The EU’s trade policy aims to simultaneously promote social and environmental standards in its policy and action. c. The EU has exclusive trade negotiation powers in all sectors, without exception. d. All of these are accurate; there is no inaccurate option.