The North American Free Trade Agreement (NAFTA)

question 116

Multiple Choice

The North American Free Trade Agreement (NAFTA) :

• A)resulted from GATT negotiations at the Uruguay Round.
• B)permits the European Union to export goods tariff free to North America.
• C)has eliminated most of the tariffs and other trade barriers among Canada, Mexico, and the United States.
• D)will reduce American exports to Mexico.

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Definitions:

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Least Squares Regression

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Coefficient Of Determination

A statistical measure, often represented as R^2, indicating the proportion of the variance in the dependent variable that is predictable from the independent variables.