NAFTA Is a Free Trade Zone Comprising of Which of the Following

question 24

Multiple Choice

NAFTA is a free trade zone comprising of which of the following countries?

• A) Canada, Mexico, and South America
• B) Canada, Mexico, and Peru
• C) Mexico, South America, and the United States
• D) Canada, Mexico, and the United States
• E) Canada, Japan, and the United States

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Definitions:

Union Labor

refers to labor that is represented by a union, which negotiates wages, working conditions, and other employment terms on behalf of its members.

Wage Rate

The amount of money paid to an employee by an employer in exchange for work performed, typically expressed on an hourly, daily, or piecework basis.

Total Productivity

The ratio of total output (goods and services) produced to the total inputs used to obtain that output, measuring efficiency in production.

Union Labor

Workforce that is organized in trade unions which negotiate wages, working conditions, and benefits on their behalf.