What is the North American Free Trade Agreement (NAFTA)?

What will be an ideal response?


In 1994, the North American Free Trade Agreement (NAFTA) established a free trade zone among the United States, Mexico, and Canada. The agreement created a single market of 474 million people who produce and consume $20.5 trillion worth of goods and services annually. Over the past 20 years, NAFTA has eliminated trade barriers and investment restrictions among the three countries. Total trade among the NAFTA countries nearly tripled from $288 billion in 1993 to $1.1 trillion a year.

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A nonvalue-adding activity is defined as a(n)

A) administrative or support activity that adds overhead cost to the product and increases its market value. B) activity that adds cost to a product but does not increase its market value. C) activity that adds no cost to the product but increases its market value. D) wasteful but unavoidable production activity.

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What are the three essential elements of a powerful brand?

What will be an ideal response?

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Hofstede's ______________________ dimension is a measure of how people deal with the unexplainable in their lives.

Fill in the blank(s) with the appropriate word(s).

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In a test of independence, when ? = .01, k1 = 7 and k2 = 4, degrees of freedom areā€¦

a. 6 b. 3 c. 27 d. 18

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