Which of the Following Is an Example of Capital

question 111

Multiple Choice

Which of the following is an example of capital?

• A)pizza ovens
• B)bulldozers
• C)a college education
• D)carpentry skills
• E)all of the above

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Definitions:

Free Trade

International trade left to its natural course without tariffs, quotas, or other restrictions.

NAFTA

The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that removed tariff barriers between the nations.

GATT

The General Agreement on Tariffs and Trade, an international treaty that aimed to reduce tariffs and other trade barriers; precursor to the World Trade Organization.

Economists

Experts in the study of economics, focusing on the distribution, consumption, and production of goods and services.