What Do NAFTA and MERCOSUR Have in Common

question 50

Multiple Choice

What do NAFTA and MERCOSUR have in common?

• A)They are both South American free trade associations.
• B)They are both economic unions.
• C)They both have a local-content requirement.
• D)They both boycott Cuba.

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Definitions:

Measure

A quantitative method or tool used to assess, compare, or track performance or attributes.

Volatility

Volatility denotes the degree of variation of a trading price series over time, often measured by the standard deviation of logarithmic returns, indicating the risk associated with a security's price changes.

Variance

Refers to the measure of dispersion between numbers in a data set, indicating how far each number in the set is from the mean.

Investment Risk

The potential for losing part or all of an investment due to market volatility, economic changes, or other factors.