A _____ has no barriers to trade between member countries, includes a common external trade policy, and allows factors of production to move freely between members. (6, 6)
A group of people who share a common set of values and norms form a: (7)
According to _____, the social responsibility of business is to increase profits, so long as the company stays within the rules of law. (3, 8, 8)
An act, as simple as shaking hands when meeting new people is an example of: (8, 8)
Identify the theory that supports the view that in some cases countries export for the reason that the world market can support only a limited number of firms. (3, 5, 6)
In several Western democracies, the poor performance of state-owned enterprises, because of protection from competition and guaranteed government financial support, led to ________. (13)
Interdependent political, economic, and legal systems of a country make up its: (9, 7)
The tenet of _____ is that the welfare of society is best served by letting people pursue their own economic self-interest. (13)
The theory of comparative advantage provides strong rationale for supporting the idea of _____. (4, 5)
Under the _____, cases are judged with reference to three characteristics: tradition, precedent, and custom. (6, 3, 6)
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