Which of the Following Is NOT a True Statement About

question 10

Multiple Choice

Which of the following is NOT a true statement about the Mexican trading environment?

• A) Mexican trade policy is among the most open in the world.
• B) Trade with the U.S. and Canada has tripled since NAFTA was ratified.
• C) In recent years, almost 85% of Mexico's exports go to the United States.
• D) Under NAFTA regulations, Mexico may only trade with the U.S. and Canada.

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Definitions:

Partnership Agreement

A document that outlines the rights, responsibilities, and obligations of each partner in a partnership.

Transferable Shares

Stocks or shares in a company that can be sold or transferred from one party to another without restrictions.

Limited Liability Companies

An organizational model that merges the direct tax benefits seen in partnerships or sole proprietorship with the benefit of reduced personal liability found in a corporation.

Qualification

The attributes, knowledge, or skills required to perform a particular job or activity, or the act of meeting such criteria.