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____ Refers to Trends That Start in the Lower or Middle

question 112

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____ refers to trends that start in the lower or middle classes and spread upwards.


Definitions:

NAFTA

North American Free Trade Agreement; a treaty among the United States, Canada, and Mexico that eliminated most tariffs and trade barriers.

Free Trade Area

A region where a group of countries has agreed to reduce or eliminate trade barriers among themselves, such as tariffs and import quotas.

United States, Mexico, Canada

Refers to the countries involved in the USMCA trade agreement, which is designed to promote trade, strengthen economic relations, and support mutual economic growth.

World Bank

An international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.

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