QUESTION 14 The EUs central purpose is to Oa the establishme

QUESTION 14 The EUs central purpose is to: Oa the establishment and administration of a common single market O b to increase the number of member nations OC further reduce customs and tariffs in worldwide trade negotiations o d none of the above QUESTION 15 organization with approximately 193 member nations dedicated to the promotion of peace in economic and social areas but the UN has failed to define terrorism It also has sigilficant operations O True O False QUESTION 16 The balance of payments current account includes merchandse, services and unilateral transfers The curent account is presented alongside the capital account and the financial account of the BOP When talked about the capital account will be a large surplus (export receipts exceeding import payments) or substantial deficit (import payments exceeding export receipts) True False

Solution

a) \"A\"

The establishment and administration of a common single market.

b) \"True\"

The United nation is not able to define terrorism till date.

c) \"False\"

The capital account of the Balance of payment doesn\'t include the exports but capital investments in and out of the country, loan taken by the government etc. Exports and imports form part of the current account.