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Author Question: Which of the following statements is true of NAFTA? A) It introduced a common currency for trade ... (Read 37 times)

V@ndy87

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Which of the following statements is true of NAFTA?
 
  A) It introduced a common currency for trade between the U.S., Mexico and Canada.
  B) It overrode the local content requirements and rules of origin for products manufactured in the member nations.
  C) It eliminated all tariffs and nontariff trade barriers on goods originating from within North America.
  D) It called for stringent rules regarding government procurement practices and the imposition of countervailing duties.

Question 2

Which of the following industries is typically protected for national security reasons?
 
  A) agriculture
  B) textile
  C) automobile
  D) housing


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