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Author Question: Which of the following situations resulted from the North American Free Trade Agreement (NAFTA)? a. ... (Read 104 times)

waynest

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on: Jun 30, 2018
Which of the following situations resulted from the North American Free Trade Agreement (NAFTA)?
 a. The cost of tortillas in Mexico decreased.
  b. Corn export to the U.S. from Mexico declined.
  c. Corn export to the U.S. from Mexico increased.
  d. The cost of tortillas in the U.S. increased.

Question 2

If a firm is a price taker, then the demand curve faced by the firm is perfectly elastic.
 a. True
  b. False
  Indicate whether the statement is true or false


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alexanderhamilton

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

True


waynest

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Reply 2 on: Jun 30, 2018
Excellent

ricroger

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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