Which of the Following Statements Is True About NAFTA

question 73

Multiple Choice

Which of the following statements is true about NAFTA?

• A) It aims at facilitating trade among the United States, Canada, and Mexico.
• B) Its members include Denmark, the United Kingdom, Portugal, the Netherlands, Belgium.
• C) It is an international market agreement aimed at facilitating trade among African nations.
• D) It works to reduce tariffs and other trade barriers across the Asia-Pacific region.
• E) It has 21 members, including Canada, the People's Republic of China, Indonesia, and the United States.

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Definitions:

Co-insurance Clause

A provision in an insurance policy requiring the policyholder to bear a portion of the losses to the extent of a specified percentage.

Fireproof

A characteristic of materials or structures that are resistant to fire and are able to withstand high temperatures without catching fire or sustaining significant damage.

Insured

A person or entity covered by an insurance policy receiving financial protection or reimbursement against losses from an insurance company.

Misrepresentation

A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.