Examlex
In the accompanying figure, the straight arrow pointing to the right will move the presentation to the next ____.
Imports
Goods and services bought by a country from other countries.
NAFTA
The North American Free Trade Agreement (NAFTA) was a treaty among the United States, Canada, and Mexico that eliminated most tariffs and trade barriers between the countries, in effect from 1994 to 2020.
Trade Deficit
A scenario in which a nation's expenditure on imported goods and services surpasses its revenue from exports, resulting in a greater outflow of money than inflow.
Trade Surplus
A situation in which a country exports more goods and services than it imports.
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