According to Ghemawat, the North American Free Trade Agreement (NAFTA) reduced the "home bias," or ratio of domestic to international trade between the United States and Canada, to what level?

a. 5 to 1
b. 10 to 1
c. 20 to 1
d. 40 to 1
e. The trade bias was not reduced by NAFTA.


Answer: a

Political Science

You might also like to view...

Reserved seats in Lok Sabha are reserved for

A. special days and times. B. members of scheduled castes and tribals. C. special interest groups. D. respected but retired statesmen.

Political Science

Collective action theory helps explain why:

A. protests in Eastern Europe were rare throughout most of the cold war. B. there were massive protests across Eastern Europe in 1989.

Political Science

Which of the following activities would be a good example of congressional casework?

a. analysis of an incumbent's policy positions prior to a debate b. analysis of police force effectiveness c. analysis of water quality within a district d. assistance to a constituent in obtaining a Social Security check

Political Science

The average student graduating from a 4-year institution is ______ in debt.

A. $15,000 B. $25,000 C. $45,000 D. $140,000

Political Science