The USand Canada Have Both Adopted the Harmonized Commodity Description and and Coding

question 1

True/False

The U.S.and Canada have both adopted the Harmonized Commodity Description and Coding System.

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Definitions:

Durable Good

A type of good that does not quickly wear out and is expected to last for a relatively long period, such as cars, appliances, and furniture.

Handheld Calculator

A small, portable electronic device used to perform basic arithmetic operations and sometimes more complex mathematical calculations.

Strawberry Muffin

A type of baked good that incorporates strawberries into the muffin batter, known for its sweet flavor and moist texture.

Household Spending

The total expenditure by household consumers on goods and services, excluding savings and loan repayments.