The North American Free Trade Agreement (NAFTA) is governed under international law

Indicate whether the statement is true or false.


Answer: TRUE
Explanation: Treaties and trade agreements together constitute one source of international law, law that governs activities between nations.

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When selling a piece of equipment for cash, a loss will result when the proceeds of the sale are less than the book value of the asset

Indicate whether the statement is true or false

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A manufacturer that sells its goods both wholesale and at retail is called a(n):

a. conglomerate merger. b. dual distributor. c. essential facility. d. franchise.

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Which of the following is not a characteristic of employer-sponsored retirement plans?

A) Help you save B) Generally of two types C) Part of a good benefits package D) A good place from which to borrow

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Which aircraft has the highest cargo payload in terms of tons?

a. B747-300 b. B747-F c. MD-11 d. L1011

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