Question: Question 6 (4 points) The difference between a free trade agreement and a customs union is: O Free trade agreements can cover only a small

Question 6 (4 points) The difference between a free trade agreement and a customs union is: O Free trade agreements can cover only a small amount of trade Customs unions can cover only a small amount of trade A free trade agreement creates a common external tariff A customs union creates a common external tariff

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1. The concepts that are used to describe social situations are mental constructions.

The facts rule: We have a tendency to have more confidence in information that is documented with figures than information that isnt.

The permanence rule: We tend to have more confidence in information that is of a more permanent nature than information that is of a temporary nature.