Which of the following is defined as a group of countries committed to removing all barriers to the free flow of goods and services between each other, but pursuing independent external trade policies?

A. Free trade area

B. Command economy

C. Efficient market

D. Foreign exchange market

E. Location economy

A

Business

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Northern Manufacturers is prosecuted for antitrust violations by the Department of Justice, which wins its case. The judge agrees to impose criminal sanctions against Northern for the injuries it caused its competitor, Mini Lake, Inc. Mini Lake:

a. is eligible to sue only for money damages because the Department of Justice prevailed in the criminal action. b. may recover treble damages and attorneys' fees. c. has no additional recourse against Northern because the criminal trial was successful. d. may also sue for punitive damages.

Business

How would a key accounts sales force organization benefit Reliable Tool?

A) It would increase the amount of travel required of each Reliable Tool salesperson. B) It would enable Reliable Tool salespeople to build close relationships with clients. C) It would help Reliable Tool salespeople become experts on the specific parts they sell. D) It would allow Reliable Tool management to better supervise and evaluate its salespeople. E) It would eliminate the need for inside salespeople at Reliable Tool.

Business