A Foreign Alliance Talk (Scenario)As manager of the international department of your company, you have been asked by the local Chamber of Commerce to deliver a speech on foreign trade. The chamber president even goes so far as to say "and be sure to include the EU, NAFTA, and all that stuff because we're afraid that Ross Perot is right-all the good jobs will leave the United States." As you pour over your notes, you try to choose the best information to present in the allotted half hour.One of the hottest topics of your talk will be the North American Free Trade Agreement. One of the points that you will emphasize is that ________.
A. between 1994 and 2007, merchandise trade between the United States, Canada, and Mexico has decreased from 6.6 percent to 4.4 percent
B. a large number of people have started migrating from the United States to Mexico in search of jobs and prosperity
C. as of 2010, it remains the largest trade bloc in the world in terms of combined gross domestic product of its members
D. the United States, Canada, Mexico, Costa Rica and El Salvador are its members
Answer: C
You might also like to view...
A company issued 5-year, 8% bonds with a par value of $94,000. The company received $91,947 for the bonds. Using the straight-line method, the amount of interest expense for the first semiannual interest period is:
A. $7930.60. B. $7520.00. C. $3965.30. D. $3554.70. E. $3760.00.
The Stage-Gate® approach to product design ______.
a. is a technical road map b. uses cross-functional teams to move the product from one stage to the next c. is a way to apply government regulations d. analyzes product failure
A reference in a negotiable instrument to the existence of a separate agreement to which it is subject destroys the negotiability of the instrument
a. True b. False Indicate whether the statement is true or false
The extensive use of corrective action requests supports prevention of nonconforming defects
a. True b. False Indicate whether the statement is true or false