The following statement shows the various level of economic integration. Against this statements, give the level that suits each:

      

The following statement shows the various level of economic integration. Against this statements,
give the level that suits each:

  

Answers

---

-Custom union
-Economic union
-Free trade area
-Common market

---

Kavungya answered the question on April 4, 2019 at 05:55

Next: Using illustrations from Sefi Atta's short story, 'Twilight Trek,' write a composition to illustrate the problems illegal immigrants go....
Previous: Highlight four characteristics of good development plan

View More Business Studies Questions and Answers | Return to Questions Index

Exams With Marking Schemes

• Grade 1
• Grade 2
• Grade 3
• Grade 4
• Grade 5
• Grade 6
• Grade 7
• Grade 8
• Grade 9
• PP1
• PP2
• Playgroup
• Form 1
• Form 2
• Form 3
• Form 4

Related Questions

---

• The table below gives descriptions of some documents used in international trade complete the table, by indicating the name of the document that corresponds to each...(Solved)
  

  The table below gives descriptions of some documents used in international trade complete the
  table, by indicating the name of the document that corresponds to each description
  

  Date posted: April 4, 2019.  Answers (1)

• Highlight four factor that may hinder the success of East African Co-operation (E.A.C)(Solved)
  

  Highlight four factor that may hinder the success of East African Co-operation (E.A.C)

  Date posted: April 4, 2019.  Answers (1)

• A country’s domestic currency has been depreciating over time. Highlight five disadvantages of this to the country(Solved)
  

  A country’s domestic currency has been depreciating over time. Highlight five disadvantages of this to the country.

  Date posted: April 4, 2019.  Answers (1)

• Differentiate between progressive and regressive taxation giving an example of each(Solved)
  

  Differentiate between progressive and regressive taxation giving an example of each

  Date posted: April 4, 2019.  Answers (1)

• Match the following types of taxes with the appropriate description given below:- Corporate tax, Customs duty, Estate duty, Excise duty(Solved)
  

  Match the following types of taxes with the appropriate description given below:-
  Corporate tax, Customs duty, Estate duty, Excise duty
  

  Date posted: April 4, 2019.  Answers (1)

• Outline four short comings of a country borrowing heavily from internal and external sources(Solved)
  

  Outline four short comings of a country borrowing heavily from internal and external sources

  Date posted: April 4, 2019.  Answers (1)

• Mention four ways in which individuals can hold money(Solved)
  

  Mention four ways in which individuals can hold money

  Date posted: April 4, 2019.  Answers (1)

• E-banking is a method of banking through electronic systems. Give four reasons to account for the rising popularity of this banking system(Solved)
  

  E-banking is a method of banking through electronic systems. Give four reasons to account
  for the rising popularity of this banking system

  Date posted: April 4, 2019.  Answers (1)

• Identify the motive of holding money in each of the circumstances below:- (a) Need to hold money to cater for future unforeseen eventualities (b) Need to have...(Solved)
  

  Identify the motive of holding money in each of the circumstances below:-
  (a) Need to hold money to cater for future unforeseen eventualities
  (b) Need to have money to cater for daily expenses
  (c) Need to have money with hope that prices will fall in future in order to purchase more

  Date posted: April 4, 2019.  Answers (1)

• Give four circumstances under which a trader would operate a fixed deposit account(Solved)
  

  Give four circumstances under which a trader would operate a fixed deposit account

  Date posted: April 4, 2019.  Answers (1)

• Highlight four differences between a balance sheet and statement of affairs(Solved)
  

  Highlight four differences between a balance sheet and statement of affairs

  Date posted: April 4, 2019.  Answers (1)

• On 1^st January 2009, Rodi Traders had a capital of shs 550 000 at the end of the year. The following balances were available Items ...(Solved)
  

  On 1^st January 2009, Rodi Traders had a capital of shs 550 000 at the end of the year.
  The following balances were available
  Items 31.12.2009
  Shs.
  Creditors 50 000
  Debtors 30 000
  Bank overdraft 80 000
  Buildings 870 000
  Rent due 10 000
  Salaries prepaid 10 000
  i) Prepare statement of affairs as at 31.12.2009
  ii) Determine the net profit for the year

  Date posted: April 4, 2019.  Answers (1)

• On 31^st January 2004, Maleya Traders had a capital of Kshs.65000. At the end of the year, the following balances were available:- ...(Solved)
  

  On 31^st January 2004, Maleya Traders had a capital of Kshs.65000. At the end of the year, the
  following balances were available:-
  Kshs.
  Stock 8,000
  Creditors 6,000
  Cash at bank 4,000
  Premises 90,000
  
  Prepare a statement of affairs on 31^st December 2004

  Date posted: April 4, 2019.  Answers (1)

• The bookkeeper of Chacha Traders extracted the following information form the accounting records:- ...(Solved)
  

  The bookkeeper of Chacha Traders extracted the following information form the accounting
  records:-
  1/1/2009 31/12/2009
  Suppliers 445,000 620,000
  Discount received - 12,000
  Purchases returns - 25,000
  During the year ended 31/12/2009, suppliers were paid shs.1,400,000 while cash purchases
  Amounted to shs.800,000. Determine the purchase for the year

  Date posted: April 4, 2019.  Answers (1)

• The following information was obtained from Maganda Enterprises for the year ended 31st Dec 2003:- Opening stock kshs.40,000 Purchases ...(Solved)
  

  The following information was obtained from Maganda Enterprises for the year ended
  31st Dec 2003:-
  Opening stock kshs.40,000
  Purchases kshs.400,000
  Gross profit kshs. 100,000
  Goods were sold at a marked-up of 25%
  Required;
  Calculate: i) Sales for the year
  ii) Rate of stock turn over

  Date posted: April 4, 2019.  Answers (1)

• The following balances were extracted from the books of Chombo wholesalers for the year ended 31^st December, 2009 Calculate;- a) Margin ...(Solved)
  

  The following balances were extracted from the books of Chombo wholesalers for the year
  ended 31^st December, 2009
  
  
  Calculate;- a) Margin
  b) Current ratio
  c) Rate of Stock turnover

  Date posted: April 4, 2019.  Answers (1)

• The following balances were extracted from the books of Shah Traders on 30^th June, 2010 Closing stock was Kshs. 70,000 as at 30th June, 2010. Prepare...(Solved)
  

  The following balances were extracted from the books of Shah Traders on 30^th June, 2010
  
  
  Closing stock was Kshs. 70,000 as at 30th June, 2010. Prepare the trading account for the period
  ended 30^th June, 2010

  Date posted: April 4, 2019.  Answers (1)

• The following relates to Atis traders Stock (1-7-2007) shs. 22,000 Purchases ...(Solved)
  

  The following relates to Atis traders
  Stock (1-7-2007) shs. 22,000
  Purchases 100,000
  Mark –up 10%
  Stock (30-6-2008) 26,000
  
  Prepare her trading account

  Date posted: April 4, 2019.  Answers (1)

• The following balances were extracted from the books of Wanga traders as at 30^th June,2009 Current assets 320000 Capital ...(Solved)
  

  The following balances were extracted from the books of Wanga traders as at 30^th June,2009
  Current assets 320000
  Capital 525000
  Net profit 95000
  Creditors 88200
  Accrued expenses 10800
  Calculate: a) Working capital
  b) Return on capital

  Date posted: April 4, 2019.  Answers (1)

• The following information relates to Mandu enterprises limited Stock (1.1.2009) 40000 Stock (31.1.2009) 60000 Purchases ...(Solved)
  

  The following information relates to Mandu enterprises limited
  Stock (1.1.2009) 40000
  Stock (31.1.2009) 60000
  Purchases 500000
  Margin 20%
  Prepare Mandu Enterprises Limited Trading account for the year ended 31^st December, 2009

  Date posted: April 3, 2019.  Answers (1)