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mireiajordan mireiajordan
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Posts: 543
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6 years ago
In negotiating NAFTA, what two side agreements were reached?
 
  What will be an ideal response?



Question 2 - A countervailing duty is a tariff that is levied to counteract
 
  A) the dumping of goods in the domestic market by foreign firms.
  B) a sudden surge of imports which hurt a domestic industry.
  C) subsidies given to foreign firms by their own governments.
  D) low prices for imported goods that are made in countries with low wages.



Question 3 - Economists usually favor a return to the gold standard.
 
  Indicate whether the statement is true or false



Question 4 - The economic philosophy that favors strict limits on imports and strong support for exports is called
 
  A) zero sum.
  B) mercantilism.
  C) comparative advantage.
  D) absolute advantage.



Question 5 - What two trends was Canada trying to address in negotiating CUSTA?
 
  What will be an ideal response?
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Replies
wrote...
6 years ago
[ 1 ]  The North American Agreements on Labor Cooperation and Environmental Cooperation

[ 2 ]  C

[ 3 ]  FALSE

[ 4 ]  B

[ 5 ]  Increasing U.S. trade barriers and protectionism; the need to restructure Canadian industry to become more internationally competitive
mireiajordan Author
wrote...
6 years ago
Love when things are free, so much better than CourseHero
wrote...
6 years ago
tell your friends and feel free to ask more questions
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