Scenario - Sarten Gas Company

question 49

Multiple Choice

Scenario - Sarten Gas Company
Established in Salt Lake City,UT in 1975,the Sarten Gas Company (SGC) has grown to be a recognized name in the industry.Since its inception,this company has been able to withstand serious economic downturns in the economy.It has been able to remain financially stable when many others in the industry have struggled with financial losses.The expertise and knowledge of its leaders has led the SGC to be one of the few companies in the industry able to report continued growth.
This excellent track record has inspired the owners of SGC into embracing the idea of expansion.Sarten plans to begin trading with Canada this year and plans to include trading with Mexico within the next three years.The leaders of Sarten Gas feel confident these new trade deals will prove successful for the company and its shareholders.
-Which one of the following represents a trade agreement most likely to impact the Sarten Gas Company and its proposed trading partners?

• A) NAFTA
• B) ASC
• C) ASEAN
• D) CAFTA
• E) NATO

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Definitions:

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Slavery In The Territories

A contentious pre-Civil War issue in the United States, centered around whether new territories should allow slavery, impacting the balance of power between free and slave states.

Popular Sovereignty

Program that allowed settlers in a disputed territory to decide the slavery issue for themselves; most closely associated with Senator Stephen A. Douglas of Illinois.

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The 16th President of the United States, who served from 1861 until his assassination in 1865, known for leading the country during the Civil War and abolishing slavery.