The North American Free Trade Agreement (NAFTA) is an agreement among Canada, the United States, and Mexico.
Answer the following statement true (T) or false (F)
True
The North American Free Trade Agreement (NAFTA) is an agreement among Canada, the United States, and Mexico that has created a free market even larger than the European Economic Community. The United States and Canada already had a free trade agreement since 1989, but NAFTA brought Mexico into the consortium.
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Consider a bank that has $10 million as reserves, $5million as securities, and $100 million as transaction accounts. If a customer, who is a government securities dealer, sells $2 million in securities to the Fed ?
A. the bank's transaction accounts reduce to $98 million. B. the bank's securities reduce by $4 million. C. the bank's reserves increase to $12 million. D. the bank's loans reduce by $2 million.?
Which of the following statements is true about the Federal Arbitration Act (FAA) of 1925?
A. The FAA restricts parties from obtaining a court order to compel arbitration with an arbitration agreement. B. The FAA restricts federal courts from hearing issues of law that have been decided by an arbitrator. C. The FAA provides that arbitration agreements involving commerce are revocable contracts under ordinary circumstances. D. Breach of contract cases and tort claims are not candidates for arbitration as per the FAA.
Which statement concerning a value delivery system is not correct?
a. Each channel member is dependent on each other. b. A value delivery system is as strong as its weakest link. c. Value delivery systems are relatively simple to develop and administer. d. Nonstore retailing requires a different delivery system than store-based retailing.
All of the following are examples of types of stakeholders except
a. Government b. Suppliers c. Competitors d. Customers