Suppose Canada Entered into a Free- Trade Arrangement with China

question 66

Multiple Choice

Suppose Canada entered into a free- trade arrangement with China and, as a result, Canadian imports from India were replaced with imports from China. This would be an example of

• A)trade diversion.
• B)trade expansion.
• C)trade creation.
• D)dumping.
• E)countervailing trade.

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Definitions:

Horticulturist

A professional or expert involved in the practice of horticulture, focusing on the cultivation of plants for food, comfort, and aesthetic purposes.

Bermuda Grass

A type of durable, warm-season grass known for its resilience and commonly used in lawns, sports fields, and golf courses.

ANOVA

Analysis of Variance, a statistical method used to test differences between two or more means.

Fertilizer

Substances added to soil to supply nutrients that aid in plant growth, available in organic or synthetic forms.