Examlex
The cost of a finite intangible asset is not amortized, but the asset is tested periodically for impairment.
Canada
A country in North America known for its vast landscapes, multicultural cities, and bilingual official languages of English and French.
NAFTA
The North American Free Trade Agreement, which was a trade deal between the United States, Canada, and Mexico aimed at eliminating tariffs and facilitating smoother trade between the members.
GATT
General Agreement on Tariffs and Trade, a multilateral agreement regulating international trade aimed at reducing or eliminating trade barriers like tariffs and quotas.
Congress
The legislative body of the United States government, consisting of two houses: the Senate and the House of Representatives, responsible for making federal laws.
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