Which of the following statements express the purpose of the Truth-in-Lending Act?
A)To require lenders to charge a reasonable rate of interest
B)To regulate interest rates and terms of loans
C)To provide consumers with information necessary to make the best credit decision
D)To help lenders limit state laws
Question 2
Regarding sectoral issues and NAFTA:
A) Mexico has long had an open automobile market, which has encouraged trade.
B) NAFTA contains specific rules of origin for determining when a textile product has originated in North America.
C) no other trade sector is as complex or highly regulated as agricultural trade.
D) NAFTA has no rules regarding government procurement.
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E9-23 Prepare income statements Explain the difference in operating income