Author Question: During President Clinton's tenure in office a. Congress failed to reduce federal spending. b. ... (Read 195 times)

renzo156 · **on:** Sep 12, 2019

Question 1

Which of the following is true of the North American Free Trade Agreement?

a. The United States, Mexico, and Canada agreed to buy certain products exclusively from nations in SouthAmerica in an effort to ease their debt burdens.
b. It ended the trade war between Japan and the nations of North America.
c. It lowered trade and investment barriers between the United States, Mexico, and Canada.
d. It established a free trade zone between the nations of North America and the European EconomicCommunity.

Question 2

During President Clinton's tenure in office

a. Congress failed to reduce federal spending.
b. the United States economy was mired in recession.
c. tax revenues declined.
d. the federal deficit was erased, which lowered interest rates and increased investment.