What effect is NAFTA having on the international trade of the following countries: United States, Canada, and Mexico?
What will be an ideal response?
The North American Free Trade Agreement (NAFTA), implemented in 1994, effectively merged Canada, Mexico, and the United States into one market of nearly 450 million consumers. NAFTA virtually eliminated all tariffs on goods produced and traded among Canada, Mexico, and the United States to create a free trade area. The estimated annual output for this trade alliance is nearly $21 trillion. NAFTA makes it easier for U.S. businesses to invest in Mexico and Canada; provides protection for intellectual property (of special interest to high-technology and entertainment industries); expands trade by requiring equal treatment of U.S. firms in both countries; and simplifies country-of-origin rules, hindering China and Japan's use of Mexico as a staging ground for further penetration into U.S. markets. Canada's more than 36 million consumers are relatively affluent, with a per capita GDP of $50,000. Canada is the single largest trading partner of the United States, which in turn supports millions of U.S. jobs. NAFTA has also enabled additional trade between Canada and Mexico. Mexico is Canada's fifth largest export market and third largest import market. With a per capita GDP of $18,900, Mexico's more than 123 million consumers are less affluent than Canadian consumers.
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A work center is ______.
A. a part of a production facility where all activities related to particular phase of the production process (such as assembly, milling, and grinding) are performed B. where repetitive activities related to production are performed C. the location within a production facility where high-skilled workers complete a specific task in production D. the central area in a production facility for planning work requirements
The balance sheet does provides all the information an analyst wants or needs about a firm's resources and the claims on those resources
Indicate whether the statement is true or false
List at least five good customer-service practices that employees should be taught
What will be an ideal response?
Vogel bought aphone made by WiFi Communications, Inc Three months later, after recharging the battery through a power jack, Vogel picked up the phone only to have it ignite in his hand. Suffering a severe burn, Vogel filed a suit against WiFi, alleging
that a design defect in the phone weakened the connection between the power jack and the motherboard, causing the wiring to overheat and creating an unreasonable safety hazard.Could Vogel succeed on his strict product liability claim? Explain.