« previous next »

Author Question: What type of economic integration is exemplified by NAFTA? How has NAFTA benefited the countries ... (Read 177 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
on: Jul 7, 2018
What type of economic integration is exemplified by NAFTA? How has NAFTA benefited the countries involved?
 
  What will be an ideal response?

Question 2

The Bretton Woods Agreement established a system of fixed exchange rates under which each IMF member country set a ________.
 
  A) quota
  B) par value
  C) gold standard
  D) nominal interest rate
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
Buy Test-Bank


Smiles0805

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jul 7, 2018
Answer to Question 1

A free trade area, such as NAFTA, encourages trade among its members by eliminating trade barriers (tariffs, quotas, and other nontariff barriers NTBs) among them. NAFTA reduces tariffs and NTBs to trade among Canada, Mexico, and the United States. Most experts believe that NAFTA has benefited all three countries, although the gains have been more modest in Canada and the United States than most NAFTA advocates expected. NAFTA's overall impact on the Mexican economy has been dramatic.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Economic and Social Development Economic and Social Development
How to apply integration by parts more than once How to apply integration by parts more than once
High stress, by household type (age-standardized), age 18+, Canada, 1994-1995 High stress, by household type (age-standardized), age 18+, Canada, 1994-1995
economic question economic question
Synaptic Integration Synaptic Integration
ABO blood type ABO blood type
Video: Stimulus (introduction)

For a complete list of videos, visit our video library