Author Question: A long term goal of the NAFTA member countries is to integrate their economies into a single ... (Read 139 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
A long term goal of the NAFTA member countries is to integrate their economies into a single economic entity with a common currency as well as common trade policies and internal factor mobility.
 
  Indicate whether the statement is true or false

Question 2

If a country has lower overall productivity levels than its trading partners, then it will
 
  A) be unable to export.
  B) have a trade deficit.
  C) not be able to obtain gains from trade.
  D) have a lower standard of living than its trading partners.
  E) All of the above.


jomama

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

FALSE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

For a complete list of videos, visit our video library