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Author Question: A long term goal of the NAFTA member countries is to integrate their economies into a single ... (Read 133 times)

Beheh

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on: Jun 30, 2018
A long term goal of the NAFTA member countries is to integrate their economies into a single economic entity with a common currency as well as common trade policies and internal factor mobility.
 
  Indicate whether the statement is true or false

Question 2

If a country has lower overall productivity levels than its trading partners, then it will
 
  A) be unable to export.
  B) have a trade deficit.
  C) not be able to obtain gains from trade.
  D) have a lower standard of living than its trading partners.
  E) All of the above.
International Economics ¦ Gerber ¦ 6th Edition
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jomama

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

FALSE

Answer to Question 2

D


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