Critics of the North American Free Trade Agreement (NAFTA) believe Mexico and Canada have contributed to the United States' trade deficit because:
A) the economies of these nations have grown faster than the economy of the U.S.
B) imports from Mexico and Canada have grown faster than exports to these nations.
C) import and export transactions with Mexico and Canada have remained static.
D) the U.S. imports goods from China and India rather than Mexico and Canada.
Question 2
Soccer to the Masses is interested in global expansion but does not want to make a large financial commitment. Therefore, it decides to allow a Japanese company to manufacture and distribute products under the Soccer to the Masses name. This is a(n) ____ agreement.
A) exporting
B) strategic alliance
C) licensing
D) countertrade
E) bill of lading
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